Norway’s Krone Falls on China’s Reserve Requirements
by admin | February 13, 2010 | In China, Forex Latest News, Norway, USD/NOK, crude oil, norwegian krone, risk aversion | No Comments
The Norwegian currency ended this week losing versus the euro and the dollar, after the crude oil rally that fueled the krone’s advance during most of this week’s session lost strength, since risk aversion returned to trading markets this Friday with a new Chinese restrictive lending policy announcement.(…)
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