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    Analysis and Opinion » Daily Commentary 19/12/2014
    IronFX - December 19, 2014, 09:07 GMT

    Commodity currencies out front as confidence returns Yesterday was a fairly quiet day, apart from a brief flurry of excitement when the Swiss National Bank (SNB) announced negative interest rates. The FOMC meeting continued to reverberate through the market and the implied interest rate on Fed funds futures rose a further 3 bps in the

  • James Boston

    Norway’s Balance of Trade figure last month is looking more like a positive anomaly than any sustainable growth in the trade surplus. This month’s figure, relating to November, has shown the number drop back to NOK 24.6Bn which is much more in keeping with recent average levels compared to the October figure of NOK 31.6Bn,

  • James Boston
    Forex » Norwegian Inflation Falls
    James Boston - November 10, 2014, 11:16 GMT

    Inflation in Norway has fallen slightly during the month of October according to the latest official figures published this morning. Unlike most developed economies at this point in time, the fall in pace of Norway’s price growth activity is likely to be a welcome prospect. The headline Consumer Price Index (CPI) is now showing at

  • James Boston
    Forex » No Change In Norway’s Interest Rates
    James Boston - October 23, 2014, 10:11 GMT

    The Central Bank of Norway offered few surprises when it announced this morning that it would leave it’s key interest rate unchanged at 1.5% for the sixteenth consecutive month. Deteriorating conditions affecting the Norwegian economy have prompted the Central Bank to hold the rate steady again this month but the rhetoric from the Bank’s Governor,

  • James Boston
    Forex » Inflation Ticks Lower In Norway
    James Boston - September 10, 2014, 09:18 GMT

    Despite an accelerating pace of growth, Norway’s monetary authorities are managing to keep price inflation in check. The latest inflation statistics released this morning suggest that the rate of price growth has ticked down a notch to read at 2.1%, this was largely forecast by analysts following the unexpected jump two months ago. The Norwegian