Fundamental: Norway’s Krone Leads Commodity FX Higher on OPEC+ Production Cut

The Norwegian krone led commodity currencies higher in early Monday trading in Asia after OPEC+ announced a shock oil-production cut. The group's decision to reduce production by more than 1 million barrels a day, after prior assurances that it would hold supply steady, risks adding to global inflationary pressures and could spur central banks to keep ...     Alert Apr 3, 2023, 3:40am Fundamental: Norway's Krone Leads Commodity FX Higher on OPEC+ Production Cut The Norwegian krone led commodity currencies higher in early Monday trading in Asia after OPEC+ announced a shock oil-production cut. The group's decision to reduce production by more than 1 million barrels a day, after prior assurances that it would hold supply steady, risks adding to global inflationary pressures and could spur central banks to keep ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support