"Norway holds up impressively well despite a very visibleslowdown in surrounding countries and the inflation figure todayis another strong confirmation of that," said Andreas StenoLarsen, an FX strategist at Nordea Bank. The ECB is all but certain to keep policy on hold, takingits time to evaluate whether its most recent stimulus is enoughto arrest a rapid decline in sentiment. Elsewhere, broader sentiment in the market remained subduedas the flare-up between the United States and Europe added toother potential global flashpoints over trade, includingSino-U.S. negotiations.