• The Norwegian Krone eased after rising to a 1-week peak earlier in the session on the back of upbeat economic data.
   
• Norway's retail trade increased 0.6 percent from a month earlier in July, following a 5.7 percent growth in June and missing market expectations of a 1.5 percent fall. Meanwhile retail trade jumped 13.8 percent from a year earlier in July, the most since the series began in 2001.
   
• Separate data showed household consumption of goods in Norway increased 1.6 percent month-over-month in July, after a downwardly revised 4.8 percent rise in the previous month.
   
• The weakness in the Norwegian currency comes in as the crude oil prices extended previous session losses, while the greenback steadied against a basket of currencies. 
   
• USD/NOK trades 0.6 percent higher at 8.9220, having touched a low of 8.8540 earlier, its lowest since August 19.
   
• Immediate resistance is located at 8.9283 (7-EMA), close above could take it till 8.9465.
   
• On the downside, support is around 8.8436, break below could take it till 8.8295.