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Koruna Tad Weaker Along CE3 Peers

CZK

EUR/CZK trades +0.008 at 24.746, with bulls looking for an attack on Jan 2 high of 24.867. On the flip side, bears keep an eye on Jan 8 low of 24.458.

  • CNB's Zamrazilova said that it would be "nice" if key interest rate reached 4% at the end of this year and noted that she expects cuts by at least 25bp at each of the upcoming Bank Board meetings.
  • CZGB yields have eased across the curve, with belly outperforming. The PX Index has paused its recent decline.

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