• The Norwegian Krone declined after rising to a 3-week peak earlier in the session, weighed down by a drop in oil prices. 
   
• Crude oil prices slumped, extending losses for the second straight session as U.S. producers began restoring output after Hurricane Delta weakened, while a strike that had affected production in Norway came to an end.
   
• International benchmark Brent crude was trading 1.1 percent down at $42.30 per barrel by 1149 GMT, having hit a high of $43.54 on Friday, its highest since September 18. U.S. West Texas Intermediate was trading 1.3 percent lower at $40.04 a barrel, after rising as high as $41.44 on Friday, its highest since September 18.
   
• Moreover, a rebound in the dollar index further dented the bid tone around the Norwegian currency. 
   
• The dollar nudged up as riskier currencies eased after negotiation on a U.S. stimulus package ran into resistance. 
   
• USD/NOK trades 0.3 percent higher at 9.1497, having touched a low of 9.1208 earlier, its lowest since September 21.
   
• Immediate resistance is located at 9.1997 (55-EMA), close above could take it till 9.2384.
   
• On the downside, support is around 9.0964, break below could take it till 9.0594.