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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
CZECHIA
- President Milos Zeman continues consultations with candidates for ministers in the future cabinet (BBG).
- Yesterday, economic data showed that manufacturing PMI rose more than expected to 57.1 in November (vs. 55.5 exp.), up from 55.1 the previous month.
- CZK has been strengthening this week against major crosses, with EURCZK currently trading at the low of its 2W range.
- Next support to watch on the downside on EURCZK stands at 25.25, followed by 25.165. On the topside, first resistance to watch stands at 25.4580 (100DMA).
- Czech 10Y yield consolidated higher yesterday and is currently trading slightly above the 2.50%. Resistance to watch on the topside stands at 2.6050%. On the downside, first support stands at 2.402% (50DMA).
Source: Bloomberg/MNI
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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