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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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Free AccessCZK: EUR/CZK Briefly Dips to Session Lows on Rate Decision
- EURCZK dipped lower immediately following the rate decision given most analysts had flagged risk of a larger 50bp cut (though 25bps was ultimately the unanimous consensus view), but the bulk of the move has since reversed with the cross close to flat at typing.
- The Jul 19/22 lows of 25.208 mark immediate support levels to watch, with today's high of 25.535 - EURCZK's highest level since March 2022 - the topside target.
- Note the CNB's policy statement and press conference follow at 14:45BST/15:45CET.
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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.