Tag Archives: EUR/HUF

Central European Daily

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

JPY weakness. CABLE peaking?

EUR/USD: The market opened the week with an unusually big gap (to1.3748) higher only to immediately trade lower filling thegap to the NY close, 1.3706.

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

Central European Daily

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;

Central European Daily

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.

Cable still looks toppish. USD/JPY could correct lower. SEK comeback surprises.

EUR/USD: The U-turn wasn’t our first bet yesterday. We chose toneglect support at the 8day “Tenkan-Sen” as we thought thecandle formation should take precedence.

Central European Daily

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,

Bearish EUR/USD & GBP/USD prints, SEK looks exposed again & CAD weaker

EUR/USD: Yesterday’s candle adds confidence to a correctional phasepassed its peak. Exiting the lower end of the ascending55day moving average band would enhance a bearishstance.

Technician

EUR/USD – Momentum is now slightly pro-growth, but indicators show some loss of momentum. Room for further growth seems limited; return to 1.3488 will likely follow later on.

Central European Daily

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

Signs of an exhausted €. CAD continues to weaken.

EUR/USD: Each and every day the market is coming closer and closerto the 1.3645 mid body (of the weekly falling benchmarkcandle key five weeks ago) resistance.

Central European Daily

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,