About Eur-Nok and Eur-Nok Trading
What type of currency pair is NZD/CNH?
The EUR/NOK is an exotic currency pair, as it consists of a major currency (EUR – the Euro) and an emerging currency (NOK – the Norwegian Krone.
The Norwegian Krone is the quote currency, and the Euro is the base currency. The EUR/NOK currency pair shows traders how much the EUR is worth when compared to the NOK.
Drivers for the EUR/NOK currency pair
The EUR/NOK pair is affected by major factors such as supply and demand, interest rates, political stability, and economic growth.
How can you trade the EUR/NOK currency pair?
At CAPEX.com you can follow the EUR/NOK news and analysis to trade on the price movements of this currency pair through CFDs. If you think that prices will go up, you can open a long position (BUY). If you think prices will decrease, you can open a short position (SELL).
When can you trade the EUR/NOK pair?
Here at CAPEX.com you can trade the EUR/NOK pair from Sunday to Friday, between 21:15-20:55 GMT. If you cannot trade at those hours, you can always pick another currency pair, as we have more than 55 FX pairs available.