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CEE MARKETS-Currencies edge up ahead of Fed, ECB decisions
Reuters via Yahoo Finance· 11 months agoPRAGUE, July 21 (Reuters) - Central European currencies showed meager moves on Friday with the Czech crown testing a key level, while the Warsaw bourse bucked a regional upward trend among stocks ...
CEE MARKETS-CEE currencies under pressure as dollar strengthens
Reuters via Yahoo Finance· 11 months agoCentral European currencies were weaker on Friday, as the dollar strengthened and investors closed positions ahead of the weekend. Markets now await CPI data from Poland on Monday, and the Czech ...
CEE MARKETS-Forint headed for biggest weekly drop since March, CEZ below CZK 1,000
Reuters via Yahoo Finance· 1 year ago"In characteristic high-beta fashion, the CE3 currencies are now selling off on the back of the weak euro (versus dollar), with the highest-beta – forint – underperforming the most," Commerzbank ...
CEE MARKETS-Crown hits 15-month low with c.bank in focus, other FX firm
Reuters via Yahoo Finance· 8 months agoThe crown slipped further to a more than 15-month low on Thursday, going into a Czech central bank meeting next week that could deliver an interest rate cut, while the forint and zloty firmed ...
CEE MARKETS-Forint rises to 6-week high, MOL shares up on strong Q3
Reuters via Yahoo Finance· 2 years agoThe forint was up 0.89% and trading at 403.30 per euro as it was supported by the central bank's quick deposit tool offered at an 18% rate, an FX trader in Budapest said. The central bank introduced ...
CEE MARKETS-Crown hits 12-week low as rate-hike view shifts
Reuters via Yahoo Finance· 1 year agoCzech central banker Jan Kubicek told Reuters on Monday the bank did not need to hike rates further with the outlook for easing inflation, supported by lower wage growth, falling household spending ...
CEE MARKETS-Czech crown slips on lower chances of rate hikes
Reuters via Yahoo Finance· 1 year agoThe Czech crown eased further on Friday, as falling inflation and new fiscal cuts reduced chances for rate hikes, while the Polish and Hungarian currencies firmed. Czech inflation slowed further ...
CEE MARKETS-Forint holds steady after expected rate cut, crown off lows
Reuters via Yahoo Finance· 11 months agoChina's pledge to support its sputtering economy boosted global sentiment on Tuesday, helping lift investor appetite in central Europe and boost stock markets. Investors had expected Hungary's ...
CEE MARKETS-Forint leads FX profit-taking, zloty backs off test of 2-1/2 year high
Reuters via Yahoo Finance· 12 months agoThe Hungarian forint led Central European currencies lower on Wednesday while Poland's zloty retreated after testing a 2-1/2 year high in the previous session, as investors took profit ahead of key U.S. data later this week.
CEE MARKETS-Polish bond yields drop slightly on benign July CPI data
Reuters via Yahoo Finance· 11 months agoCentral Europe's high inflation rates have started to ease in recent months, allowing the region's central banks -- which were the first in the EU to jack up interest rates in 2021 -- to start ...