Free Trial

EURCZK Ticks Higher After Testing New Low at 24.20

CZECHIA
  • USDCZK ticks lower this morning after finding resistance at 21.50; key ST resistance to watch on the topside stands at 21.6850 (200DMA). On the downside, support to watch stands at 21.16.
  • EURCZK has been retracing higher in the past two days after finding support at 24.20 yesterday; ST resistance to watch on the topside stands at 24.50. On the downside, key support to watch now stands at 24.
  • Czech 10Y yield is down slightly, currently trading at around 3.15%. ST resistance to watch on the topside stands at 3.20%. On the downside, key support stands at 3%.

Source: Bloomberg/MNI

To read the full story

Close

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.