Tag Archives: EUR/PLN

Central European Daily

New FX loans conversion plans worry markets… …even though details are not known yet New plans of the Hungarian government upset markets even though their details were not announced yet.

Possible JPY correction, AUD next correctional rise

EUR/USD: Even though the market made small upward progress on Friday buyers was unable pushing us up to the minimum target, 1.3209.

Short term more dollar weakness

EUR/USD: With a higher low printed yesterday the upside pressure remain in place and as earlier elaborated a corrective peak cannot be put in place with less than a move above 1.3209.

Central European Daily

Czech political tug-of-war has not harmed koruna Polish industrial output above expectations The Czech koruna still ignores domestic political situation.

Poland relaxes budget rules Prepayment of IMF loan hardly to affect financing situation Yesterday the Polish Prime Minister Donald Tusk announced that the government will suspend fiscal rules for this and the next year,

Continued $ correction, €/SEK, €/NOK temporary dips

Dollar correction took another step yesterday and is probably not yet completed (we’ll see after today’s US hearing and report).

Central European Daily

Polish inflation hit all-time low Hungary plans early repayment of IMF loans Polish June inflation came out more or less in line with our expectations.

AUD short squeeze underway

A lacklustre market yesterday with few if any directional clues given. EURUSD a double downside spike however points at a buy the dip behaviour hence upside risk on the rise,

Macro/Fixed Income Research

EUR/USD: Momentum suggests rebound from moving averages and testing of 1.30 level.

Central European Daily

Czech and Polish current accounts in surpluses in May Polish inflation is heading for record-breaking lows Latest macro releases from the Czech Republic and Poland showed that external (im)balances have continued to improve this year.

€ remain firm despite surging Portuguese bond yield

The common currency starging the week on a firm bias despite a 57bps surge in Portuguese 10y yield on Friday and a downgrading of France.

Central European Daily

Inflation in Hungary stays well below the NBH target Our Czech Flash leading indicator signals recovery Yesterday’s release of the Hungarian inflation confirmed that it stayed well below the NBH target.