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10Y Yield Stabilizes Slightly Below 2.50%

CZECHIA
  • USDCZK has been consolidating lower in recent days amid USD weakness, gradually approaching its 22.50 support; next level to watch below that stands at 22.23. On the topside, resistance to watch stands at 22.93.
  • EURCZK ticks higher this morning, currently trading slightly below its 200DMA (25.62); next resistance to watch on the topside stands at 25.79. On the downside, first support to watch stands at 25.46 (100DMA).
  • Czech 10Y yield has stabilized slightly below the 2.50% level after retracing sharply lower on Friday; next support to watch on the downside stands at 2.38% (50DMA). On the topside, resistance to watch stands at 2.60%.

Source: Bloomberg/MNI

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