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Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

US dollar vs. Norwegian Krone •USDNOK•

About

USDNOK

The USDNOK is the currency pairing representing the US dollar vs. the Norwegian Krone. Although Norway does not rank high in terms of trade with the US, the US dollar is the most popular currency to trade the Norwegian Krone. The Krone exchange rates are heavily influenced by oil prices and interest rates differentials. USD, on the other hand, is dependent on the state of global commodity prices in the agricultural and manufacturing sectors as well as fluctuations in precious metals markets. Individuals interested in trading the pair should keep abreast of the economic and political developments in each country as well as announcements from other relevant financial and government organizations.

Trade Forex, Commodities, Precious Metals, Energies and Equity Indices from 1 Account.

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