Norwegian Krone: Dovish risks but bullish view against Euro – ING

Norwegian Krone: Dovish risks but bullish view against Euro – ING

Source: EODHD - https://www.fxstreet.com/news/norwegian-krone-dovish-risks-but-bullish-view-against-euro-ing-202608130752
Published: Aug 13, 2026 3:52 AM

Francesco Pesole at ING sees some downside risks for the Norwegian Krone from Norges Bank’s meeting, as benign CPI‑ATE prints could tilt communication slightly less hawkish. He still expects rates to stay at 4.25% today and another hike later this year, but is less convinced about multiple moves.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.