• The Norwegian Krone rose, retreating from a near 1-week low hit in the previous session following a rise in the crude oil prices. 
   
• Crude oil prices surged on expectations that fuel demand will recover as some European and Asian countries along with several U.S. states began to ease coronavirus lockdown measures.
   
• International benchmark Brent crude was trading 4.5 percent higher at $29.22 per barrel by 1131 GMT, having hit a high of $29.42 earlier, its highest since April 15. U.S. West Texas Intermediate was trading 5.01 percent up at $24.67 a barrel, after rising as high as $24.97 earlier in the session, its highest since April 9.
   
• However, the recovery in the Norwegian currency appears fragile as the dollar strengthened after U.S. President Donald Trump stepped up verbal attacks on China ahead of a Nov. 3 presidential election, raising fears of a new trade war.
   
• USD/NOK trades flat at 10.3190, having touched a low of 10.2037 on Thursday, its lowest April 14. 
   
• Immediate resistance is located at 10.3960 (21-DMA) and close above could take it till 10.4239.
   
• On the downside, support is around 10.2402, break below could take it till 10.2209.