Tag Archives: EUR/PLN

Central European Daily

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

The yearly AUD/USD low is exposed again

EUR/USD: Action was slow yesterday while tucking in ahead of U.S. data flow later in the week.

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

The dollar is under some pressure, especially against the yen

EUR/USD: The pair is held near the Jun-Jul 78.6% Fibo retracement ref at 1.3275 and as long as it’s not decisively broken we could be witnessing the creation of a larger bearish formation.

Sell cable. USD/SEK & USD/NOK soon higher again

EUR/USD: The bearish signs pointed at yesterday led to nothing more than a temporary setback to 1.3166 and

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

$ correction ending(?), OIL sinking, Scandies turn up

EUR/USD: Yesterday’s price action with yet another correctional high and another failure to attract any follow through buying is clearly a bearish sign.

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.

Still like selling cable above 1.54, stronger JPY

EUR/USD: Yesterday’s dip down to 1.3164 sent two messages (peak to trough in an hourly chart became a clear three wave corrective pattern and

Seeking a cable short. Scandies close to a low point

EUR/USD: The market yesterday, for a short while, rose from its comfort zone to print the sought 1.3209+ high before again returning into the doldrums.

Technician

EUR/USD Momentum is slightly pro-growth so continuation of trend is possible. However, behavior of MACD and ROCs will be important;