• Norway's crown strengthened to one-week highs against the otherwise stronger greenback after the nation's central bank surprised markets by not cutting interest rates from 1.25%. 
  
  
• But any bounce for the crown shouldn't get it too far off the ground since the bank signaled a dovish outlook for rates and kept the door open to a move in the months ahead. 
  
  
• The plunge in oil, which has accelerated recently, has turned up headwinds on the resource-driven Norwegian economy.