Tag Archives: EUR/PLN
Returning € weakness….. Oil set to break lower
EUR/USD: The congestion/correction became an anaemic one stalling already in the mid 1.31’s.
Central European Daily
EUR/CZK failed to reach 26.00 EUR/CZK Czech President to appoint new PM The Czech koruna has attracted enough buyers in the 25.90 EUR/CZK neighborhood.
A day of correction
EUR/USD: After a small rebound the market printed a fresh daily low but did so already in the 1.3060 area a tad higher than the anticipated 1.30-area.
Central European Daily
Sell-off puts question mark above NBH&NBP rate cut bets While Czech financial markets were practically unaffected by the fall of the Government and the related risk of an early election,
Continued $ strength, EUR/NOK pause (buy the dip)
EUR/USD: With the break back below the 1.3202/3243 support area we can with a relatively high degree of certainty point at a completed three wave upside
Central European Daily
Hungarian forint under significant pressure after Fed Polish construction fell by more than 27 % y/y in May Central European currencies were hit by rather hawkish outcome of Fed meeting.
The comeback of the greenback!
EUR/USD: With a key day reversal printed yesterday the likelihood of (for some time sought) of a downside turnaround gained a lot of credibility.
Central European Daily
Czech central bankers talk against koruna New Hungarian leading indicator Uncertainty ahead of today’s outcome of Fed meeting weighed on the Polish zloty and
Lower NOK/SEK and EUR/USD soon lower helped by GBP/USD
EUR/USD: The violated bullish “Triangle” targets 1.3475 – right where the current short-term overstretch would kick in.
Central European Daily
Czech and Polish current accounts improve significantly The Hungarian government unveils a new levy on banks As we had expected the Czech koruna shrugged off the recent political turmoil,
Weaker NOK. USD in the latter stage of the correction lower
EUR/USD: A near-term “Triangle” is developing and it is most likely a final consolidation in the short-term uptrend.
Technician
• EUR/USD: Overbought conditions and certain loss of dynamics show increased likelihood of consolidation or correction.