Tag Archives: EUR/PLN
Central European Daily
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
€ on a firm footing. NOK/SEK decline to pause.
EUR/USD: Again a dip below 1.3550 was met by aggressive buyingpushing the pair up to a new correctional high, 1.3678,hence passing the ideal correction target at
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;
EUR/USD eyeing 1.3645, AUD s/t reaction underway
EUR/USD: The development during the past 48h shows that there stillare unfilled bids and sideways range established duringDecember should probably be seen
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,