9:23 AM · 7 May 2020

BREAKING: Norges Bank cuts rates to zero

Norges Bank surprised investors during today's interest rate announcement. Bank was expected to hold the main rate unchanged at 0.25% but instead decided to cut it to 0%. Norwegian central bankers expect rates to stay at this level "for some time". Norges Bank expects 5.2% contraction in mainland GDP this year. NOK weakened on the release.

USDNOK erased decline and moved significantly higher on Norges Bank rate decision announcement. However, a knee-jerk move higher was halted by the downward trendline. Source: xStation5

16 October 2025, 10:07 AM

BREAKING: Eurozone trade balance mixed 💶

15 October 2025, 6:34 PM

Daily Summary – Wall Street Rally Driven by Powell’s Promises

15 October 2025, 3:11 PM

Fed's Miran signals two more rate cuts this year and disinflationary process🗽

15 October 2025, 10:45 AM

Fed Collins remarks on monetary policy and US economy🏛️EURUSD gains 0.2%

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