More from FXstreet.com

Forex: EUR/NOK retracing early gains, around 7.3270

By FXstreet.com,  January 09, 2013, 07:00:00 AM EDT

FXstreet.com (Barcelona) - The Norwegian krone is recovering some ground lost to the single currency after the Core Retail Sales in the Nordic economy rose 'only' 0.20% on a monthly basis and 1.9% YoY in November, missing estimates at +0.9% MoM, albeit bettering October's contraction of 1.1%.

As of writing, the cross is flat at 7.3283 with the next resistance at 7.3415 (high Jan.4) followed by 7.3500 (MA 14d) and then 7.3570 (MA30d).
On the downside, a breach of 7.2984 (Lower Bollinger) would bring 7.2799 (low Jan.4) and finally 7.2677 (low Aug.31).




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



Latest News Video

'Shortest Flight' Pilot Retires
'Shortest Flight' Pilot Retires     
More Deaths in Guinea Protests
More Deaths in Guinea Protests      
Anti-Monsanto Protests Pop Up Across the US
Anti-Monsanto Protests Pop Up Acros...
Abandoned Dog Rescued From Island
Abandoned Dog Rescued From Island   


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.24 0.03  0.23%
FB $ 24.32 0.74  2.95%
SIRI $ 3.58 0.04  0.99%
GE $ 23.53 0.13  0.55%
PFE $ 29.04 0.07  0.24%
MSFT $ 34.27 0.12  0.35%
INTC $ 23.93 0.12  0.50%
P $ 16.43 0.73  4.25%