Respondents to Statistics Norway’s Q4 oil and gas investment survey marginally revised their 2025 investment intensions higher relative to Q3, now at NOK254bln from NOK253bln prior.
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USDCHF extended yesterday's late selloff this morning, printing a 0.9129 low following headlines suggesting a more gradual tariff introduction under the new US administration. However, the pair has since pared the majority of its session losses, suggesting that bullish trend indicators remain intact for the pair.