Norges Bank Governor Bache says at the moment she does not foresee a pronounced increase in the Policy Rate
Context
Norges Bank Governor Bache's statement suggests a dovish stance on monetary policy, indicating that an increase in the policy rate is not anticipated in the near term. This could lead to a weaker NOK as market participants reassess future rate expectations, particularly in relation to the EUR. Traders should be mindful of the implications for EUR/NOK and overall market sentiment towards Norges Bank's policy trajectory.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#NORWAY#EUR#EUROPE#EUR/NOK#GOVERNOR#FOREX#EU SESSION#NOK#OTHER CENTRAL BANKS