US Dollar Against Norwegian Krone: Fundamental and Technical Analysis

US Dollar Against Norwegian Krone: Fundamental and Technical Analysis

By Samir El Khoury, ACSI, ACICMP?

The US dollar continues its upward trend against the Norwegian krone, reaching 11.1946 yesterday, the highest level since November 10, 2023. The USD/NOK pair has risen by about 8% since the low of September 25, 2023, when it was 10.3831, reaching the peak recorded yesterday at 11.1946. It has also risen by approximately 10% since the beginning of the year.

Recent Norwegian economic data shows …


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Please note that this analysis is provided for informational purposes only and should not be considered as investment advice. All trading involves risk.


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