• The Norwegian Krone rose, extending gains for the third straight session as crude oil prices surged.
   
• Crude oil prices rose, hovering towards multi-week highs on signs of improving demand and a decline in U.S. crude inventories, although worries over the economic fallout from the coronavirus pandemic limited upside.
   
• International benchmark Brent crude was trading 1.6 percent higher at $35.12 per barrel by 1058 GMT, having hit a high of $35.74 on Tuesday, its highest since April 9. U.S. West Texas Intermediate was trading 0.9 percent up at $32.13 a barrel, after rising as high as $33.06 on Monday, its highest since March 16.
   
• USD/NOK trades 0.2 percent down at 9.9504, having touched a low of 9.9119 the day before, its lowest March 13. 
   
• On Tuesday, the pair plunged to an over 2-month low but retraced to close lower near the 9.9700 handle.
   
• Immediate resistance is located at 10.0342, close above could take it till 10.0596.
   
• On the downside, support is around 9.9115 break below could take it till 9.8788.