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BNP have put out a trade idea and have........>

FOREX
FOREX: BNP have put out a trade idea and have initiated a short EURNOK position
at 9.5130, targeting Nok9.20 with a stop placed at 9.6550. BNP add, Norges Bank
has commenced its rate hike cycle and we expect rising Norwegian yields to
benefit the NOK. EURNOK continues to trade at expensive levels versus the
increase in Norwegian oil revenues.

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