The situation in Forex changes like a weathercock. Investors expect a dovish reversal from the Fed, hope for a higher rate peak, and hope for its reduction in 2023 again. How does the USDNOK feel in such circumstances? Let’s discuss it and make a trading plan.
Monthly fundamental forecast for Norwegian krone
Knowing the direction isn't enough because time matters too. The Norwegian krone started the year 2023 badly, although many thought the USDNOK would decline, hoping for drastic growth of oil prices amid China's economic recovery and oil production cuts in Russia and amid the fact that Oslo replaced... Read full author’s opinion and review in blog of #LiteFinance
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