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CZK: Koruna On Defensive

CZK

EUR/CZK trades +0.046 at 25.179 and bulls look for gains past the 100-DMA (25.193) and 50-DMA (25.227). On the flip side, bears keep an eye on the crucial 25.0 area.

  • CZGB yields gave crept higher across the curve, with 3s underperforming.
  • The PX Index is marginally softer but still sits close to recent cycle highs.
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EUR/CZK trades +0.046 at 25.179 and bulls look for gains past the 100-DMA (25.193) and 50-DMA (25.227). On the flip side, bears keep an eye on the crucial 25.0 area.

  • CZGB yields gave crept higher across the curve, with 3s underperforming.
  • The PX Index is marginally softer but still sits close to recent cycle highs.