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Depressed USD/NOK falls below key SMA

USD/NOK has just crossed below its 200-hour SMA. The last such price-indicator cross has been registered at least over a week ago on this time frame, accentuating its significance.

Traders maintaining a downside bias, extend their projections to the 800-SMA, which corresponds to the 200-SMA on 4hr charts.

Brazil IPCA Inflation rose from previous 0.54% to 0.82% in October

Brazil IPCA Inflation rose from previous 0.54% to 0.82% in October
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Gold off highs around $ 1108, awaits NFP

The recovery seen in the yellow metal lost steam ahead of hourly 50-SMA and the prices retreated subsequently, now reverting to the levels seen in the Asian session as we progress towards the US opening bells.
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