USD/NOK declines after Norges Bank dovish hold, dovish Fed

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• USD/NOK jumped from a low around 11.108 to 11.150, seeing mild losses.
• The USD weakness is driven the pair downwards.
• As well as the Fed, the Norges Bank held rates steady and showed a dovish tone.
• All eyes are now on Nonfarm Payrrolls from the US on Friday.

In Thursday’s session, the USD/NOK cleared part of its daily losses after the Norges Bank decided to hold rates steady jumping from 11.108 to 11.150, still holding daily losses. On the other hand, the Greenback is performing poorly due to the Federal Reserve’s (Fed) dovish tone on Wednesday’s decision and a positive market enviroment.