Tag Archives: EUR/CZK

Czech koruna continues in gradual weakening Czech foreign trade surplus grows to 33.6 bn CZK The Czech koruna has been gradually easing since the Czech National Bank intervened against the koruna and

Forint and zloty strengthened after positive US labor market data Czech industry maintained strong momentum in October While the Czech koruna more or less ignored Friday’s eye-catcher

Recovery in the Hungarian industry accelerates The CNB forex reserves jumped by EUR 6bn The first interesting regional macro report has come from Hungary this morning The industrial output rose by 6% YoY

NBP sees stable rates at least until the end of 2014H1 First hike might come at the turn of 2014Q3 and 2014Q4 The impact of GDP revisions in Hungary and the Czech Republic on trading was eventually negligible;

The koruna hits the lowest level since March 2009 Czech and Hungarian final GDP data surprise positively Yesterday, the Czech koruna extended its losses and eased to the weakest values since March 2009.

Protests in Ukraine and related threat of default might bring contagion to some parts of Eastern Europe Although Czech, Polish as well as Hungarian PMI yesterday showed better than expected results,

PMI points to further improvement in manufacturing … … across Central Europe The Hungarian forint extended its previous losses on Friday and

Booming investment In Hungary The EUR/HUF was able to break 300 level on the word of the governor of the National Bank of Hungary,

The forint hits 2-week low Koruna remains stable Although immediate reaction of the forint to the 16th rate cut in a row was limited on Tuesday,

NBH cut base rate to new all time low… … forint remains stable The National Bank of Hungary cut the base rate by 20bp from 3.4 % to 3.2 % in line with prevailing market expectations.