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USDNOK below October low, on USD broad base selling

NOK
USDNOK is through the October low, and best performing currency against the USD in G10.
  • The greenback remains on the back foot, on rising inflation expectations, odds of a US stimulus deal on the horizon, and speculations that Trump could be back at the White House today, have all weighted.
  • USDNOK eye psychological 9.20 next, ahead of 9.1800 below.

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