Norwegian Krone Trades At 5-day High Against U.S. Dollar
The Norwegian Krone strengthened against the U.S. dollar in the
European session on Wednesday, amid positive global cues on reports
of breakthrough in coronavirus treatment.
A leading British scientist has made a significant breakthrough
in the race for a coronavirus vaccine by reducing a part of the
normal development time from "two to three years to just 14 days",
Sky news reported.
The Norwegian Krone appreciated to a 5-day high of 9.1759
against the greenback from Tuesday's closing value of 9.2086. If
the Norwegian Krone rises further, 8.5 is seen as its next
resistance level.
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