Tag Archives: EUR/HUF
Central European Daily
Hungarian forint under significant pressure after Fed Polish construction fell by more than 27 % y/y in May Central European currencies were hit by rather hawkish outcome of Fed meeting.
Central European Daily
Czech central bankers talk against koruna New Hungarian leading indicator Uncertainty ahead of today’s outcome of Fed meeting weighed on the Polish zloty and
Central European Daily
Czech and Polish current accounts improve significantly The Hungarian government unveils a new levy on banks As we had expected the Czech koruna shrugged off the recent political turmoil,
Technician
• EUR/USD: Overbought conditions and certain loss of dynamics show increased likelihood of consolidation or correction.
Central European Daily
Forint and zloty recover but remain vulnerable Polish inflation stays low CEE currencies corrected some of their recent loses yesterday. The forint, which had shortly broken through the technical barrier at 300 EUR/HUF on Tuesday,
Central European Daily
Sell-off on bond markets hits forint and zloty Poland plans energy cuts Central European FX markets have not seen major fluctuations since mid-May. The Polish zloty together with the Hungarian forint follow a weakening trend,
Central European Daily
CEE currencies corrected previous gains Czech and Hungarian inflation remains low Central European currencies, temporary boosted by last week´s intervention of the Polish central bank, corrected their gains yesterday.
Central European Daily
Polish central bank intervenes in favor of the zloty … which suffers the effects of rising U.S. yields The National Bank of Poland has proved several times in recent months that one ought to be very careful about trusting its statements, and this has also been the case in recent days.
Central European Daily
Polish zloty at one-year low. Czech industry stabilizes. Polish zloty hit its one-year low and moved above 4.30 EUR/PLN for a while. The Wednesday´s decision of NBP to cut interest rates to new historical lows obviously weighed on the market.
Central European Daily
The NBP cuts by 25 bps to a new historical low at 2.75 % Final Hungarian GDP figure confirms a preliminary result The Polish central bank matched our and market expectations as it cut interest rates by 25 basis points to a new all time low 2.75%.
Central European Daily
Czech and Hungarian retail sales surprised on upside NBP likely to cut rates by 25 bps The Czech currency was hit by worse than expected revised GDP data yesterday and weakened by 0.6%.
Long-term technical update
EUR/USD (1.3095): The pair keeps meandering around a near flat 12 month moving average. Last month closed below the open but also off the lows.