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Targets the April highs

NOK
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  • Some downside traction seen in EURNOK, after breaking Yesterday low, EURNOK now targets the April low situated at 11.5609.
  • NOK is the best performer against the EUR and the USD in early trade, up 0.54% versus the Dollar and 0.38% with the EUR.
  • Although the EUR is flat to more mixed against G10s, the Dollar is broadly offered, as US Yields drifted lower.
  • The April low in USDNOK is at 10.6290, which is very close by.
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  • Some downside traction seen in EURNOK, after breaking Yesterday low, EURNOK now targets the April low situated at 11.5609.
  • NOK is the best performer against the EUR and the USD in early trade, up 0.54% versus the Dollar and 0.38% with the EUR.
  • Although the EUR is flat to more mixed against G10s, the Dollar is broadly offered, as US Yields drifted lower.
  • The April low in USDNOK is at 10.6290, which is very close by.