The Norwegian krone that advanced to a 6-day high of 5.4107 against the US dollar in early trading reversed direction shortly and reached as low as 5.4679 around 8:05 am ET Wednesday. This came after the Norway's Central Bank decided to leave its benchmark interest rate unchanged at 2.25 percent. If the krone weakens further, 5.4770 is seen as its next likely downside target level in near-term.

US Dollar vs NOK (FX:USDNOK)
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