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NOK is the worst early performer in G10

USD
  • The USD remains mostly circa flat since the Cash EU Bond open, CAD is up 0.09% and leads, while the worst performer is the NOK, but the Scandie fades off its worst levels overnight levels.
  • Market participants will look for resistance at the 10.95 mark in USDNOK, printed a 10.9496 high last week, which was also the highest print since September 2022.

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