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USDNOK is up 1.22%

USD
  • NOK was one of the good performer yesterday, but the Currency has now reversed the last two days price action against the USD.
  • This has been helped by the falling Oil, and the broad base USD buying on the back of Risk off tone, on recession fears.
  • Resistance in USDNOK moves down to 10.000, followed by the June high at 10.0939, which was also the highest print since 22/05/20.

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