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USD/NOK RSI has potential to remain constructive

The market signal occurs when the 4hr RSI attempted to resume the former trend and failed to challenge the recent lows.

The resulting swing failure pattern implies that that bulls were able to secure this support level and the USD/NOK, up a touch in recent trading, could be facing a short-term ascendant phase.

United States NFIB Business Optimism Index came in at 96.1, above expectations (95.6) in September

United States NFIB Business Optimism Index came in at 96.1, above expectations (95.6) in September
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BoJ unlikely to ease this month – MUFG

Lee Hardman, Currency Analyst at MUFG, suggests that the minutes from the BoJ’s policy meeting on the 14th and 15th September were released overnight and the minutes are dated as the BoJ has since already met again at the start of this month.
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