Tag Archives: EUR/PLN
Central European Daily
The Turkish rate hike calms markets for now The FOMC meeting in focus The Central European region has appreciated certain calm down on emerging markets.
Sell €/JPY above 140. Weaker SEK, NOK & PLN.
EUR/USD: So far this week each and every day has fallen below theprior day’s low point only to be immediately rejected andending in the upper end of the daily range.
Central European Daily
The Turkish rate hike calms markets for now The FOMC meeting in focus The Central European region has appreciated certain calm down on emerging markets.
The loonie is stuck on a losing track. SEK tries to break resistance.
EUR/USD: Another lower daily high and lower low was addedyesterday, but buyers responded near the 8day “Tenkan-Sen” & Jab23 bullish benchmark candle mid-body point at1.3622.
Central European Daily
Stop of sudden EUR/HUF weakening The forint was under pressure whole January, but especially in the last days.
EM corrections (not trend-benders) elsewhere mostly consolidation
EUR/USD: The ongoing decline from the recent high (1.3740) lookscorrectional. Intraday conditions would once again bebullish if/when the “B-wave high” at 1.3717 is taken out.
Technician
EUR/USD: Momentum is roughly neutral. Consolidation on moving averages is most likely technical scenario.
Central European Daily
Contagion from emerging markets hits Central Europe On Friday, the Central European currencies remained under pressure that stemmed from a further sell-off in emerging markets.
Monitor the Yen. Sell cable and NOK.
EUR/USD: The, so far non sustained, break above 1.3700 indicates thatthe entire decline from 1.3894 might have been just a threewave downside correction hence suggesting that a newtrend high will be set in
Central European Daily
Contagion coming from emerging markets brought even more forint’s weakness Polish retail sales and employment data – no surprise A brave step made by the NBH, which cut its base rate more aggressively than markets expected on Tuesday,
Europe & yen in fashion, EMs are not & the dollar stands in the middle
EUR/USD: A huge bullish candle flew in from left field yesterdaybreaking resistance pockets near 1.3600 and at 1.3650 likenothing. The short-term key ref at 1.3700 is now up to thetest.
Central European Daily
Monetary easing to be continued in Hungary The National Bank of Hungary moderated base rate by 15bp from 3% to 2.85% on Tuesday.