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NOKSEK drifts to lowest level since January

FOREX
  • FX remains fairly stable, although NOKSEK extends losses, and now trades at lowest level since January.
  • Next immediate support for the pair comes at 1.0178, the 76.4% retrace of the Dec/March rally.
  • Best performers against the NOK in G10 are the Yen and USD, up 1.37% and 0.86% respectively.

Chart source; MNI/Bloomberg

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