CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
The base currency – NOK. The counter currency – SEK. The NOK/SEK chart is the Norwegian krone/Swedish krona pair. It shows how much the NOK is worth as measured against the SEK. Compared to other currencies, the Swiss krona in particular, the value of the Norwegian krone is often related to oil prices and interest rates. Therefore, when the oil price goes up, the krone strengthens its positions relative to other currencies and vice versa. To catch up with latest NOK/SEK rate, follow Capital.com.
Explore the ongoing AUD/USD downtrend ahead of Australia's GDP data release. Understand economic drivers, RBA policy, and technical signals impacting the Australian Dollar.
Higher-than-expected monthly CPI data watered down expectations for RBA interest rate cuts in 2024; the markets will now shift attention to quarterly GDP data on Wednesday, June 5.
09:55, 5 September 2024
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