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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.
CZECHIA
- Lower conflicts with EU, an inflation rate still standing below the CNB upper tolerance band and a hawkish central bank have led to CZK strength in the past week.
- While the pressure on HUF and PLN remains elevated, USDCZK has stabilized at around 21.60 in the past two days, between its 100DMA and 200DMA.
- Implied volatility on the Czech bond market has also been lower in recent months; the 10Y bond yield has been trending slightly higher this week, currently trading between its 50DMA (1.70%) and 100DMA (1.77%). ST resistance to watch above 1.77% stands at 1.80%; on the downside, key support stands at 1.60%.
Source: Bloomberg/MNI
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.
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