Tag Archives: EUR/CZK

Central European Daily

Currency Wars – the Czech Episode After a year of discussions, the Czech National Bank has finally decided to join ongoing currency wars.

USD/SCANDIES we like….a lot. USD/CAD to follow.

EUR/USD: So with the drop below 1.3449 the recent peak at 1.3548was confirmed being the end of the minor upside correctionand accordingly the market continued lower after passingthe support.

Daily FX Wrap and Strategy

After sleeping through most of this week, currency markets received a rude awakening from central banks overnight. The ECB cut rates, the Czech National Bank intervened aggressively,

Technician

EUR/USD Combination of 1.3488 level and 60-day moving average may at least sloe down decline.

Central European Daily

The NBH may keep the cautious rate cut cycle tone The NBH holds rate setting meeting this afternoon. The main question recently is how long the central bank continues the rate cut cycle,

Central European Daily

We may see several new-comers to Czech Parliament after the early elections Czech early elections (scheduled for this weekend) should become the top regional eye-catcher in upcoming hours.

A more profound yen rise?

EUR/USD: ith the close set above 1.3794 no further evidence of apeak was set. The market however responded to the 1.3803resistance by pausing and meandering around it.

Central European Daily

Koruna hits one-month low Czech Ministry of Finance sold bonds worth 10bn CZK On Wednesday, the Czech koruna and the zloty weakened while the forint barely moved due to a national holiday in Hungary.

Central European Daily

CEE currencies strengthen on U.S. job data Regional bond yields fall CEE currencies gained yesterday as disappointing U.S. payrolls suggested that

Central European Daily

US payrolls in focus Polish bond auction likely to be successful The Polish zloty and the Czech koruna eased yesterday,

Technician

EUR/CZK Momentum changed to neutral, it still is not pro-growth. This increases likelihood of consolidation below 25.80 level.

Central European Daily

Forint hits a three-month high Outcome of Czech early election is highly uncertain While the Czech koruna lagged behind its peers and weakened by about 0.5 %,