Norgesbank left interest rates unchanged at 4%, inline with market expectations.
Norgesbank sees interest rate cut next year but the policy must stay restrictive in the near term. Bank is not in the hurry to reduce rates.
EURNOK has been decreasing slightly after the announcement.
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰