USDNOK
Market is closed. Opens in 36h 04m
| Details | |
|---|---|
|
Contract size
|
100000 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
31.3 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
0.5% |
|
Long swap, points
|
-103.56 |
|
Short swap, points
|
-98.28 |
|
3 days swap
|
Wednesday |
|
Profit currency
|
USD |
| Trading time (MT server time) | |
|---|---|
| Market is closed. Opens in 36h 04m | |
| Sunday | - |
| Monday | 00:02 - 24:00 |
| Tuesday | 00:00 - 24:00 |
| Wednesday | 00:00 - 24:00 |
| Thursday | 00:00 - 24:00 |
| Friday | 00:00 - 23:58 |
| Saturday | - |
The USDNOK currency pair represents the exchange rate between the US dollar (USD) and the Norwegian krone (NOK). It shows how many Norwegian kroner are required to purchase one US dollar. This pair is influenced by commodity prices and monetary policy from both nations.
Factors influencing USDNOK:
- Oil market dynamics: Norway’s krone is correlated with oil prices due to the country’s reliance on oil exports.
- Monetary policy: Interest rate decisions from the Federal Reserve (Fed) and Norges Bank.
- US economic data: US GDP growth, employment figures, and inflation reports.
- Global sentiment: During market uncertainty, USD tends to strengthen as a safe-haven asset.
Economic calendar
USD
Michigan Consumer Sentiment Index
Actual: 0.5
Consensus: 68.0
Previous: 67.9
The Economic and Financial Affairs Council, the main decision-making body of the Council of the European Union, is composed by the Finance Ministers of the 27 European Union member states.
The US Non-Farm Payrolls report provides data on employment changes in the non-agricultural sector of the economy.
The German Manufacturing PMI is an indicator of the economic health of the manufacturing sector.
The German Manufacturing PMI is an indicator of the economic health of the manufacturing sector.
