• Stabilisation and mild strength across CEE – Danske Bank

Market news

28 April 2020

Stabilisation and mild strength across CEE – Danske Bank

FXStreet reports that Danske Bank's view of stabilization and mild strength across CEE in RUB, PLN, CZK and marginally HUF appears to be playing out.

“EUR/PLN to see downward pressure as virus concerns in the global economy ease.” 

“EUR/HUF continues to drift higher and HUF strength is likely to prove short-lived.” 

“EUR/CZK has stabilised but near term likely sideways to slightly lower.” 

“USD/RUB has likely overshot its fair value and we continue to be optimistic on RUB, 75.00 in 12M.”

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