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CZK: Koruna Slips Ahead Of Thursday's CPI Report

CZK
EM BulletCzech RepublicCentral and Eastern EuropeBulletGlobalEmerging Market NewsRegionCzechia

EUR/CZK has inched higher this morning, staying within the confines of yesterday's range in the process. The rate last deals +0.037 at 25.353 and bulls need a clearance of Aug 1 high of 25.535 to regain poise. Bears look for a pullback below the 50-DMA, which kicks in at 25.162 and capped price action towards the end of the month before eventually giving way.

  • The CZSO will release September CPI data tomorrow morning (08:00BST/09:00CEST), with the CNB due to release its comments on the latest print later in the day (12:00BST/13:00CEST).
  • The ruling coalition is expected to back Milos Vystrcil's (ODS) bid to be re-elected as Senate Speaker, which virtually guarantees him success.
  • CZGB yields are broadly lower a typing. The Finance Ministry will auction 2027 and 2035 bonds today.
  • The PX Index comes under pressure, sits 0.4% below neutral levels.
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EUR/CZK has inched higher this morning, staying within the confines of yesterday's range in the process. The rate last deals +0.037 at 25.353 and bulls need a clearance of Aug 1 high of 25.535 to regain poise. Bears look for a pullback below the 50-DMA, which kicks in at 25.162 and capped price action towards the end of the month before eventually giving way.

  • The CZSO will release September CPI data tomorrow morning (08:00BST/09:00CEST), with the CNB due to release its comments on the latest print later in the day (12:00BST/13:00CEST).
  • The ruling coalition is expected to back Milos Vystrcil's (ODS) bid to be re-elected as Senate Speaker, which virtually guarantees him success.
  • CZGB yields are broadly lower a typing. The Finance Ministry will auction 2027 and 2035 bonds today.
  • The PX Index comes under pressure, sits 0.4% below neutral levels.