0845 GMT - The Norwegian krone struggles for direction after the Norges Bank kept interest rates unchanged at 4.25%, even as it left the door open to raising rates in future. Norges Bank Governor Ida Wolden Bache said inflation has slowed and has been lower than expected this summer. However, inflation remains too high and it's too early to conclude the outlook has changed materially, she said. "It may thus still become necessary to raise the policy rate," she said. The euro last trades up 0.3% at 10.9757 krone after initially falling to an intraday low of 10.9058 krone after the decision.