• EUR/CZK could surge above 24.30 and confirm that CNB is fine with a weaker Koruna – ING

Noticias del mercado

10 agosto 2023

EUR/CZK could surge above 24.30 and confirm that CNB is fine with a weaker Koruna – ING

EUR/CZK has been surprisingly stable since last week's CNB meeting. Economists at ING analyze the pair’s outlook.

Zero CNB activity

One may wonder if the CNB is not active in the market again. The available central bank balance sheet data only shows us last week. However, these numbers imply zero CNB activity as expected. 

We think today's inflation numbers may open the way for the market to test higher EUR/CZK above 24.30 and confirm that the central bank is fine with a weaker Koruna.

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: