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10Y Yield Consolidates Below 2.50% Level

CZECHIA
  • USDCZK ticks higher this morning after finding support at 22.67 earlier; resistance to watch on the topside stands at 22.93, followed by 23. On the downside, first support to watch below 22.67 stands at 22.50.
  • EURCZK continues to trend higher this morning after breaking through the 200DMA resistance on Friday; resistance to watch on the topside stand at 25.77. On the downside, first support to watch below 25.624 (200DMA), stands at 25.50.
  • Czech 10Y yield has been consolidating lower in the past two weeks, falling below the 2.50% level on Friday; next support to watch on the downside stands at 2.37% (50DMA). On the topside, resistance to watch stands at 2.6650%.

Source: Bloomberg/MNI

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