1219 GMT - The Norwegian krone has room to strengthen given the Norges Bank's cautious stance on cutting interest rates, Monex Europe forex strategist Barry van der Laan says in a note. The Norges Bank left rates unchanged at 4% Thursday as expected and said it was in no hurry to cut rates further. This stance should keep the krone supported along with stable oil prices, a strong fiscal position and Norway's external surplus, he says. "We continue to expect [krone] outperformance against the euro if growth does not disappoint too much." Monex expects the euro to fall to 11.4000 krone by early 2026. The euro is last down 0.2% at 11.7112 krone. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

November 06, 2025 07:19 ET (12:19 GMT)

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