Tag Archives: EUR/HUF

GBP, AUD & SEK stronger and USD is somewhat weaker

EUR/USD: The bounce from Tue’s low has become somewhat bigger than initially thought.

Technician

EUR/USD: Continuation of trend to 1.3488 is still main technical scenario. Momentum is clearly pro-growth, but gradual loss of strength is most apparent for ROC indicators.

Technician

EUR/USD Momentum is still clearly pro-growth and indicators are not overbought, so main technical scenario is same as week ago:

Next key ref for EUR/SEK at 8.8105 is fully in sight

EUR/USD: Not sure what to make the reaction higher Friday and of the last week’s print. It could be a bullish “Flag”,

Central European Daily

CNB Board voted on interventions … … and did not pass them Yesterday, the Czech national bank, in line with expectations, left its base rate, which is technically at zero (0.05 %), unchanged.

Central European Daily

Better U.S. GDP weighs on CEE currencies CNB holds its rate-setting meeting Higher than expected U.S. GDP growth in Q2 weakened CEE currencies yesterday,

Central European Daily

The EUR/HUF tests again the 300 resistance The announcement of Hungarian official leaders from the government about the

Central European Daily

Lasting uncertainty extends forint’s losses Hungarian construction industry suffers Nervousness on Hungarian markets continues.

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.