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USDNOK targets May's high

NOK
  • Broader weakness for the NOK, at new low against the EUR, USD and the SEK.
  • USDNOK now targets 10.8496, May's high, followed by 10.8778, the March high and the highest print since October.
  • Not seeing much from Oil, but Scandies, continues to trade on the back foot vs the USD.

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