Tag Archives: EUR/HUF

Central European Daily

Zloty strengthens on weak US payrolls Polish FinMin wants to cover a half of this year’s financing needs by the end of January

Central European Daily

Czech retail sales soared in November Polish and Hungarian bond auctions attract heavy bids The Czech koruna was supported by better than expected data yesterday that included GDP revision,

Central European Daily

Czech inflation inched higher Czech industrial growth surprised favorably Strengthening of the U.S. dollar left Central European currencies untouched.

Central European Daily

NBP to keep rates on hold Hungarian industrial output rose by 5.8 % y/y While the Czech koruna strengthened slightly yesterday to 24.45 EUR/CZK,

Weaker CAD & CHF noted. Looking for a EUR/JPY sell.

EUR/USD: Judging by price action the market remains in aconsolidation/correction in relation to the most recent sharpdrop. This means that another leg lower should materialize.

Central European Daily

The forint weakens, but it still trades sideways The year 2014 has been started with HUF weakening and the EUR/HUF pair moved from the levels around 296 at the end of 2013 close to 300 within 5 days.

Technician

EUR/USD – Momentum is turning to pro-decline. Further decline at least to 1.3488 level/200-day moving average is likely.

Central European Daily

Last NBH’s base rate cut in the cards… The National Bank of Hungary will keep last rate decision meeting in 2013 on 17 December.

Central European Daily

Hungary’s consumer prices rose by 0.9 % y/y in November Three Czech parties reached a coalition agreement Hungary’s November inflation did not surprise markets.

EUR/USD is possibly peaking. EUR/SEK under 8.98 would trigger a correction lower.

EUR/USD: Sellers responded to the move above an alternative 127.2%Fibo and negotiated the close just below it. A move under anear-term 1.3745 pivot would show near-term initiative andtarget 1.3695.

Central European Daily

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

The euro is still bid and the yen relentlessly offered. EUR/SEK targets >9.0050.

EUR/USD: We are stubbornly clinging to the idea of the advance beingcorrectional. We have to admit it has gone farther thanthought, but it looks correctional nevertheless.