Norwegian Krone: Norges Bank's surprise hike and risk support – HSBC
HSBC reports that the Norwegian Krone (NOK) has gained alongside other risk-on currencies versus the Dollar, supported by improved sentiment and domestic policy.
The Norwegian Krone is likely to continue appreciating against the Dollar as positive sentiment and Norges Bank's policy support bolster demand for risk-on currencies. Traders may look for further upward momentum in NOK.
HSBC reports that the Norwegian Krone (NOK) has gained alongside other risk-on currencies versus the Dollar, supported by improved sentiment and domestic policy.
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