Tag Archives: EUR/CZK

Technician

EUR/USD Momentum is now clearly pro-growth and indicators are not overbought, so testing of 1.327 level should be successful and

Central European Daily

Prime Minister Orbán calms market worries Polish parliament amends public finance law On Friday, Prime Minister Orbán and Economy Minister Varga attempted to

Central European Daily

Situation around FX loans conversion not clear yet… …Economy Minister holds talks with banks While markets are lacking significant domestic movers in the Czech Republic and Poland

NBH cut rates to 4% and signal slow down in monetary easing CNB again mentions FX interventions The National Bank of Hungary (NBH) cut its base rate by 25bp from 4.25% to 4% in line with market expectations.

Technician

EUR/USD Momentum is slightly pro-growth so continuation of trend is possible. However, behavior of MACD and ROCs will be important;

Central European Daily

New FX loans conversion plans worry markets… …even though details are not known yet New plans of the Hungarian government upset markets even though their details were not announced yet.

Central European Daily

Czech political tug-of-war has not harmed koruna Polish industrial output above expectations The Czech koruna still ignores domestic political situation.

Central European Daily

Poland relaxes budget rules Prepayment of IMF loan hardly to affect financing situation Yesterday the Polish Prime Minister Donald Tusk announced that the government will suspend fiscal rules for this and the next year,

Central European Daily

Polish inflation hit all-time low Hungary plans early repayment of IMF loans Polish June inflation came out more or less in line with our expectations.

Macro/Fixed Income Research

EUR/USD: Momentum suggests rebound from moving averages and testing of 1.30 level.

Central European Daily

Czech and Polish current accounts in surpluses in May Polish inflation is heading for record-breaking lows Latest macro releases from the Czech Republic and Poland showed that external (im)balances have continued to improve this year.

Central European Daily

Inflation in Hungary stays well below the NBH target Our Czech Flash leading indicator signals recovery Yesterday’s release of the Hungarian inflation confirmed that it stayed well below the NBH target.