• EUR/CZK: Likely range for today will be 24.70-24.80 – ING

Market news

12 tháng 1 2024

EUR/CZK: Likely range for today will be 24.70-24.80 – ING

EUR/CZK has jumped up to 24.70, last week's levels. Economists at ING analyze the pair’s outlook.

Czech  Koruna will have to be at weaker levels for a bit longer than we expected

The likely range for today will be 24.70-24.80, but we don't expect more weakness. 

CZK has proven resilient enough, and the market is already in short positioning. Therefore, we remain rather positive here, but the CZK will have to be at weaker levels for a bit longer than we expected.

 

Market Focus
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
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.