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NOK trade at best levels since January versus the USD

NOK
NOK remains the best performing currency in G10 against the USD (up 1.6%).
  • Higher Oil and the broadbase weakness in USD as Equities retain their bid, following a softer tone between US-China has benefited the NOK.
  • USDNOK is trading at levels last seen since the beginning of the year (January), and further support comes at 8.9236 (21/01 low)

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