Currencies  |  August 08, 2012 09:42:16

Positive fundamentals supporting growth in Norway crown

A series of positive data from the Norwegian economy have added significantly to the attractiveness of the Norwegian krone. Industrial production in July rose by 0.8 percent, while in June it was only 0.6. Overall, the value of as much as 0.4 percent above the expected value and even strengthened year on year by 4.3 percent.

The Norwegian crown also helps the overall positive outlook for Europe region. USD / NOK dropped yesterday from 5.9595 to 5.9235, EUR / NOK from 7.3625 to 7.3370. During today's movements slightly corrected and probably will wait to see today's macrodata from Germany.

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Pozitivní fundamenty v Norsku podporují růst koruny

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