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Posted by
Two Blokes May 4 -
Filed in
Forex
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Rabobank has revised its three-month EUR/NOK exchange rate forecast to 11.50 from 11.30, reflecting April's sharp rise in the currency pair and persistent market uncertainty. However, with the krone now regaining lost ground and the euro vulnerable to profit-taking, Rabobank sees scope for EUR/NOK to drift lower in the coming.