The Norwegian Krone was a middle of the road performer among major currencies on Thursday, enabling GBP/NOK to arrest an earlier decline as the Nordic currency took in its stride suggestions from the Norges Bank that it could begin lifting interest rates before the year is out.
March 18,2021
The Bank of England (BoE) today delivers its latest interest rate decision and updates investors with its updated expectations for the economy, an event that could spark a notable move higher or lower in the British Pound.
March 18,2021
The British Pound suffered a sharp decline on Tuesday before recovering into the mid-week session, with analysts saying the unexpected volatility could be linked to Thursday's Bank of England policy decision.
March 17,2021
The Norwegian Krone is being tipped by a number of analysts we follow to perform strongly in the near future as they expect Norway's central bank to begin raising rates well before the Bank of England, Federal Reserve and European Central Bank.
March 16,2021
The British Pound could take a run higher against the Turkish Lira in the latter part of this week if the country's central bank fails to deliver an interest rate hike, according to a number of institutional analysts we follow.
March 15,2021
The British Pound came under sustained selling pressure ahead of the weekend, declining by 0.80% against the Dollar and a third of a percent against the Euro but some recovery of these losses is possible over coming days say some analysts.
March 15,2021
A rapid vaccination rollout and a "great rotation" in stock markets are just two reasons why analysts at a leading investment bank have hiked their forecasts for the British Pound in 2021.
March 26,2021
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