- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI Research
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessKoruna On Back Foot, Senate Votes On Top Court Nominations
EUR/CZK has crept higher amid risk-off sentiment and easing domestic rate-hike expectations. The pair last deals +0.048 at CZK23.730, with topside technical focus falling on May 19/Mar 28 highs of CZK23.797/23.820. Conversely, bears look for a sell-off past May 25 low of CZK23.592, which would open up May 9 low of CZK23.340.
- There has been a further downward adjustment to Czechia's FRA curve as market participants continue to ponder yesterday's below-forecast GDP figures and relatively dovish CNB speak. Several local sell-side desks wrote in their morning notes that the data reduced the odds of another rate hike in Czechia.
- The Senate is preparing to decide on the nominations for Constitutional Court judges. Local press reports suggest that the sentiment in the upper house seems to be leaning towards approving all three candidates, despite the objections from some lawmakers. The decision will be taken by secret ballot.
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
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.