• The Norwegian Krone rose, extending previous session gains as the oil prices rallied and the dollar eased across the board.
  
• Crude oil prices steadied, amid more signs of fuel demand picking up after the depths of the coronavirus pandemic as major crude producers continue to stick to supply cuts.
  
• International benchmark Brent crude was trading 1.7 percent higher at $43.71 per barrel by 1047 GMT, having hit a high of $43.90 earlier, its highest since March 6. U.S. West Texas Intermediate was trading 2.02 percent up at $41.38 a barrel, after rising as high as $41.55 earlier, its highest since March 6.
  
• USD/NOK trades 0.8 percent lower at 9.5142, having touched a high of 9.7151 on Monday, its highest June 15.
  
• The pair fell below 200-DMA earlier in the day but trimmed losses to trade above the 9.5000 handle.
  
• Immediate resistance is located at 9.7150, close above could take it till 9.7333.
  
• On the downside, support is around 9.4770,.break below could take it till 9.4552.