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The turnaround in EUR/NOK continues,.......>

EURO-NOK
EURO-NOK: The turnaround in EUR/NOK continues, with EUR/NOK trimming the day's
gains to just 1.5% after trading higher by as much as 7% before the Norges Bank
warned they are considering buying NOK as an intervention measure after the FX
moves had been "historically large". Latest downtick in EUR/NOK follows another
Norges Bank statement as they offer additional extraordinary NOK F-loans from
today.
- Crossing edging just below 12.50 at typing and eyes initial weak support at
12.2145 ahead of more significant support at the Tuesday high of 11.6011.

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