Free Trial

Koruna Tad Firmer During Local Holiday

CZK

EUR/CZK trades -0.019 at 24.444, with liquidity thinned by a public holiday. Bears look for losses past the 23.6% retracement of the YtD range/Nov 3 low at 24.384/24.365, which would turn the focus to the 24.3 support area. Bulls take aim at Oct 26, 2023/Jul 7, 2022 highs of 24.747/24.797.

  • Yesterday's parliamentary meeting on next year's energy prices was inconclusive but provided an opportunity for the main opposition ANO party to grill coalition representatives. ANO's Alena Schillerova said that the party will seek to call another parliamentary meeting on the matter.

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.