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Antje Praefcke, FX Analyst at Commerzbank, analyzes Norwegian Krone’s (NOK) outlook after Norges Bank kept policy rates unchanged as expected on Thursday's policy meeting.
US Dollar Index (/DXY) edges higher above 103.50 following strong GDP growth in the US.
The consensus view in 2024 is that the Dollar will decline.
FX markets continue to trade in mixed fashion. Economists at ING analyze Dollar’s outlook.
Financial markets have started 2024 with a rebound in interest rates as central banks have pushed back against expectations of near-term rate cuts.