June 16, 2022 07:12 GMT
Broader base buying
USD
- NOK is once again the worst performer against the USD, down 0.68%, a function of the broader base USD bid, as risk tilts to the downside.
- WTI has also settled back towards $116.
- USDNOK printed a 10.0739 high yesterday, which was the highest print since 22/05/20.
- This will be seen as the initial resistance, ahead of the next Psychological level at 10.10.
Chart source: MNI/Bloomberg
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