fxstreet.com 11 Feb, 2021 13:15 am

EUR/NOK eases from tops near 10.2800, looks to oil

EUR/NOK eases from tops near 10.2800, looks to oil
The Norwegian krone adds to Wednesday’s losses and motivates EUR/NOK to resume the upside and clinch 3-day highs near 10.2800 on Thursday. EUR/NOK foc

Correction lower in crude oil weighs on the krone.EUR/NOK focused on crude oil dynamics EUR/NOK advances for the second session in a row, as the rally in the Norwegian currency seems to have run out of steam pari passu with the deceleration of the upside momentum in crude oil prices.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.

p GBP/USD consolidates near 34-month highs GBP/USD has been trading above 1.38, near the 34-month highs.

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