The FT is carrying a story saying Norway’s central bank may intervene to weaken the Nokkie at a meeting on March 14 with EUR/NOK at a nine-year low.
The most likely scenario, analysts believe, is a more dovish tone from the Norges Bank next week, a form of verbal intervention. That could lead to a temporary pullback in the krone’s upward march.
The story is: Norges Bank faces test on krone strength
