Tuesday 25 October 2016

NORGES BANK MEETING COULD TRIGGER NOK STRENGTH -- MARKET TALK

25 October 2016, 14:49

1149 GMT The Norges Bank is likely to keep rates on hold at Thursday's monetary policy meeting, Nordea says. There will be no new rate path, but the press release will probably indicate that Norges Bank has not changed view significantly, it adds. "That should be fairly neutral to forward interest rates, but could trigger some NOK strengthening." EUR/NOK trades at 8.9832. (dominic.chopping@wsj.com)

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