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Norges Bank pumps the brakes on interest rate hikes
The Norges Bank left rates unchanged, however said that it expects to hike rates at the March meeting.
Norges Bank surprises and hikes 50bps
Concerns of a rising inflation with a tight labor market were the reasons for the greater magnitude in the hike.
USD/NOK getting knocked around
There are many variables in play this week which already have USD/NOK up 1.5% this week.
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USD/CAD and USD/NOK both have a high negative correlation with oil
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