Norwegian Krone Falls on Lower-Than-Expected Inflation, ING Eyes 11.05 EUR/NOK Target on July 15
According to ING analyst Chris Turner, Norwegian krone declined on July 15 after Norway's June inflation rate slowed to 2.7% year-over-year. Turner noted that weaker-than-expected U.S. inflation data released Tuesday reduced expectations for Federal Reserve rate increases, improving risk sentiment a
EURNOK-0.59%
GateNews·07-15 08:43
