• The Norwegian Krone rose, extending gains for the nineth straight session as the U.S. dollar plunged to recent lows and crude oil prices surged.
  
• Crude oil prices rallied to multi-month peak as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts.
  
• International benchmark Brent crude was trading 2.9 percent higher at $41.06 per barrel by 1007 GMT, having hit a high of $41.16 earlier, its highest since March 9. U.S. West Texas Intermediate was trading 2.6 percent up at $38.25 a barrel, after rising as high as $38.30 earlier, its highest since March 9.
  
• USD/NOK trades 0.2 percent down at 9.3345, having touched a low of 9.2589 earlier, its lowest March 9.
  
• Immediate resistance is located at 9.3901, close above could take it till 9.4126.
  
• On the downside, support is around 9.2412 break below could take it till 9.2249.