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Norway's crown still too weak for the Norges Bank

BUZZ-COMMENT-Norway's crown still too weak for the Norges Bank Oct 10 (Reuters) - The latest inflation data out of Norway could trigger a downward revision to analyst rate path expectations but the crown remains too weak and taken in isolation could prevent the Norges Bank from adjusting its policy outlook. September core inflation fell to 3.1% year-on-year from 3.2% in August and compares favourably with the central bank's 3.3% estimate.
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Norway's September core inflation lower than expected

UPDATE 2-Norway's September core inflation lower than expected Adds headline inflation, detail in paragraphs 3, 6, updates currency OSLO, Oct 10 (Reuters) - Norway's annual core inflation rate eased unexpectedly in September, Statistics Norway (SSB) data showed on Thursday, supporting the central bank's view that interest rates may start to decline in the early part of next year.
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US recap: EUR/USD holds firm as oil slides, shares gain

BUZZ-COMMENT-US recap: EUR/USD holds firm as oil slides, shares gain Oct 8 (Reuters) - The dollar index was little changed Tuesday as U.S. shares surged amid slumping oil prices and lower Treasury 2-year yields ahead of consumer inflation data Thursday. The Norwegian krone lagged its G-10 counterparts as crude prices sank 4% after a Hezbollah leader signaled support for a negotiated ceasefire.
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Charts flashing pullback risk for the Viking cross

BUZZ-COMMENT-Charts flashing pullback risk for the Viking cross Oct 8 (Reuters) - The NOK/SEK cross may have put in a top at 0.9758, Monday's high point, and the daily chart is indicating downside risk following a cloud breach failure. Long upper candlestick shadows combined with a false Ichimoku cloud break suggest the demand side of the cross has weakened and that a corrective pullback could take hold.
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Dollar bears eye shifts in global yields, growth to play further weakness

ANALYSIS-Dollar bears eye shifts in global yields, growth to play further weakness Fed's rate cuts and global central banks' actions impact dollar's performance Economic data and U.S. presidential election add uncertainty to dollar's outlook Investors eye currencies like yen, krone, and real for potential gains Yen has rallied from 2024 lows as central bank policies diverge Still-strong U.S.
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