OctaFX | OctaFX Forex Broker
Open trading account
Back

NOK appears supported by domestic data – Danske Bank

FXStreet (Edinburgh) - Senior Analyst at Danske Bank Jens Pedersen assessed the recent positive performance of the Norwegian krone.

Key Quotes

“The NOK rallied sharply on Thursday supported by the better-than-expected September manufacturing PMI and improving risk appetite”.

“PMI manufacturing rose to 47.3 from 43.7 in August, which is the highest level since May”.

“The PMI suggests that the activity level in the Norwegian manufacturing sector is still deteriorating but at a slower pace than in previous months”.

USD/CHF upside bias persists – Commerzbank

The positive stance remains well and sound around the pair, according to Karen Jones, Head of FICC Technical Analysis at Commerzbank...
Read more Previous

European Monetary Union Producer Price Index (MoM) came in at -0.8% below forecasts (-0.6%) in August

European Monetary Union Producer Price Index (MoM) came in at -0.8% below forecasts (-0.6%) in August
Read more Next
Start livechat