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FxWirePro: USD/NOK extends gains as greenback rallies across board 

  • The Norwegian Krone declined, extending losses for the third straight session, as the greenback rose against a basket of currencies. 
     
  • The dollar index rose after House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sunday said they were open to restarting COVID-19 aid talks. 
     
  • Moreover, a fresh flare up in U.S.-China tensions further supported the bid tone around the dollar. 
     
  • USD/NOK trades 0.2 percent higher at 9.0470, having touched a low of 8.9012 on Thursday, its lowest since Janunary. 
     
  • Immediate resistance is located at 9.0651, close above could take it till 9.0847
     
  • On the downside, support is around 8.9180, break below could take it till 8.9010. 
  • Market Data
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