Tag Archives: EUR/PLN

Central European Daily

NBP ready to cut rates to new historical lows Yesterday the zloty, the koruna as well as the forint strengthen in the morning, but it was only the Hungarian currency which retained its gains.

Stronger dollar

EUR/USD: Look for downside extension homing in on the short-term key 1.2796 ref. Dynamic resistance keeps controlling events and

Central European Daily

Better than expected PMI figures had small effect on FX market Hungary confirms its improving trade balance position The first day of the summer holidays was relatively calm in the CEE region.

Weaker NOK & look for a correctional high in EUR/USD

EUR/USD: It’s likely a bearish “Flag” so look for a sell high in the nearterm range. The (blue) 8day “Conversion line” has bearishly crossed the (red) 21day “Base line”,

Focus Germany

Does Germany’s special situation pose a risk to the euro? The findings of the latest Pew Research Center survey paint an impressive picture of the economic divergences within the euro area.

Central European Daily

Regional PMI’s significantly improved in June Koruna is reluctant to stay below EUR/CZK 26.0 On Friday, the Czech koruna was gradually strengthening throughout the session but

Weaker €, NOK/SEK & OIL seen lower

EUR/USD: With a high of 1.3103 the market peaked in the outlined 1.3065 – 1.3151 sell area and is accordingly making way south.

Central European Daily

The CNB ready to act against ‘the strong’ koruna The central banks in Central Europe evidently continue to be troubled by the fact that the actual inflation is below their inflation targets.

CABLE lower, USDJPY higher, US 10y yield sliding

EUR/USD: Most factors speak in favour of the market shaving off a few shorts ahead of the weekend (volumes to the upside are considerably lower

Central European Daily

Polish FinMin proposes changes to the pension system … … which would open room for government spending The Central European currencies closed barely changed on Wednesday.

Higher dollar/scandies

EUR/USD: The market yesterday conducted the first attempt to enter the broader 1.28/1.30 support zone. The rejection from beneath 1.30 looks clearly corrective to us

Jiri Rusnok becomes the new Czech Prime Minister NBH lowered rates by 25 bps and is ready to cut again Milos Zeman, the Czech President, has appointed Jiri Rusnok (Minister of Finance during Zeman’s administration)