EDUSELL
Financial Market Examiner
Midas Crypto Vault
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
Financial Market Examiner
No Result
View All Result
Home Forex News

EUR/NOK Resumes the Upside and Revisits 10.2500

Admin by Admin
September 22, 2022
in Forex News
0
Eur nok
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
Webinar Webinar

The EUR/NOK pair manages to leave behind Wednesday’s daily decline and regains upside traction, as investors continue to adjust to the somewhat dovish tilt in the Norges Bank.

The Scandinavian central bank raised the policy rate by half point to 2.25% at its meeting earlier on Thursday, although it linked the prospects for extra rate hikes to the progress of inflation.

The Norges Bank reiterated that inflation remains well above the bank’s target, although some signs of cooling in the economy could morph into some deceleration of inflationary pressures. The bank sees rates at around 3% over the winter.

As of writing the cross is gaining 0.48% at 10.2228 and the next resistance emerges at 10.3198 (monthly high September 20) followed by 10.5393 (2022 high June 16) and then 10.6323 (monthly high August 20, 2021). On the downside, a drop below 10.1260 (weekly low September 22) would open the door to 9.9884 (200-day SMA) and finally 9.8313 (monthly low September 6).

Related- AUD/USD Gains Traction Amid Weaker USD

Share on TwitterTweet
Share on Pinterest Share
Share on LinkedIn Share
Share on Digg Share
Tags: EUR/NOKForex
Institutional Trading Concept Institutional Trading Concept Institutional Trading Concept
ADVERTISEMENT
Previous Post

Former Chairman of First Bank, Ibukun Awosika Gets Binance Appointment

Next Post

Harmony Announces Update on Horizon Bridge Attack Recovery Plan

Admin

Admin

Next Post
Harmony gives update on recovery plan

Harmony Announces Update on Horizon Bridge Attack Recovery Plan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
yen and dollar

FOREX-Yen Flirts With Intervention Level As Dollar See Gains

October 11, 2022
AUD USD pair

Forex: AUD/USD Point To More Downside For The Aussie

October 20, 2022
Mayowa Owolabi on battles traders need to fight

Battle Every Trader Must Fight (Part 1)- Mayowa Owolabi

August 31, 2022
Meta (Ex-Facebook) Fined €1.2 Billion In Landmark EU Ruling

Meta Verified Shows A Company Running Out of Ideas

February 22, 2023
XAGUSD pair

XAG/USD Climbs to Mid-$19.00s

4
Premier League Considering Partnership With NFT Crypto Platform

Premier League considering partnership with NFT crypto platform

2
EUR/USD pair

EUR/USD Recovers from 20-year Lows

2
Binance CEO Supports Terra Classic Raising LUNC Burn Tax To 0.5%

Binance Proof-Of-Reserve Pledge Earns Support Following FTX Crisis

2
SEC And CFTC Find clarity In New Legislation To Regulate Crypto

SEC And CFTC Find clarity In New Legislation To Regulate Crypto

June 7, 2023
SEC Aiming To Freeze BinanceUS Assets   

SEC Sues Coinbase Just Hours After Binance

June 7, 2023

With Binance Lawsuit SEC Extends Its Regulatory Oversight Over $115 Billion Assets

June 7, 2023
BTC Price Drops Another 3% In Major Decoupling From AI Tech Stocks

Cboe Gets Approval For Margin Trades Of Bitcoin Futures, Opens Gates For Spot Trading

June 7, 2023

Recent News

SEC And CFTC Find clarity In New Legislation To Regulate Crypto

SEC And CFTC Find clarity In New Legislation To Regulate Crypto

June 7, 2023
SEC Aiming To Freeze BinanceUS Assets   

SEC Sues Coinbase Just Hours After Binance

June 7, 2023

With Binance Lawsuit SEC Extends Its Regulatory Oversight Over $115 Billion Assets

BTC Price Drops Another 3% In Major Decoupling From AI Tech Stocks

Cboe Gets Approval For Margin Trades Of Bitcoin Futures, Opens Gates For Spot Trading

June 7, 2023
Financial Market Examiner

Get all the latest Financial Market (Crypto & Forex) news, updates and other relevant resources here.

Follow Us

Browse by Category

  • Crypto News
  • Education
  • Entertainment
  • Forex News
  • Gaming
  • Review
  • Reviews
  • Stocks
  • Uncategorized

Recent News

SEC And CFTC Find clarity In New Legislation To Regulate Crypto

SEC And CFTC Find clarity In New Legislation To Regulate Crypto

June 7, 2023
SEC Aiming To Freeze BinanceUS Assets   

SEC Sues Coinbase Just Hours After Binance

June 7, 2023

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

?>