Forex Analysis

Central European Daily

Hard Hungarian macro figures very solid in November . The Czech koruna weakens on CNB’s dovish talk.

Dark clouds have continued to mount for the Euro Area, putting pressure on the EUR.

The oil price continues to be the main focus. Yesterday the price steadied after the recent slide.

While you were asleep Oil prices (Brent front contract) briefly fell below USD 50/bbl for

The pair closed in Wednesday at $1.5111 after rate had extended 19-month lows to $1.5055,

The oil market remained depressed. Brent crude slid more than 2 percent early,

The AUD/USD started this morning at $0.8079 and was initially held in a $0.8070 to

The pair slumped to another fresh 9-year low of $1.1802 last night during the US hours before it

Early demand for yen crosses saw EUR/JPY lifted off a Y141.11 low to Y141,32 while USD/JPY

The monetary policy debate has widened during the past month.

New Zealand is in the midst of a period of modest deflation.

Minutes from the 16-17 December FOMC meeting indicate that the Fed