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CEE Currencies Consolidate Higher Against the Euro

CEE FX
  • CEE currencies consolidate higher against the Euro in today's trading session after experiencing elevated inflationary pressures in recent weeks.
  • EURHUF reached an all-time high at 372 yesterday before starting to edge lower. The pair currently trades slightly below the 369 level; next support to watch on the downside stands a 366.90, followed by 365.
  • EURPLN reached a high of 4.74 yesterday before consolidating lower (March 2009 highs); next resistance to watch on the topside stands at 4.7960, followed by 4.93.
  • EURCZK is downs slightly today, currently trading around 25.50; support to watch on the downside stands at 25.43 (50DMA), followed by 25.25.

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