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FX Daily: EUR/USD enjoys Schnabel snapback
ING Think
FX markets have gone into today's US Thanksgiving holiday in a corrective mood. Yesterday's bounce in EUR/USD was helped by comments from the ECB's...
2 weeks ago
Czech purchasing power drops for the first time in four years
Expats.cz
For the first time in four years, Czechs' purchasing power has declined, primarily due to a weakening of the koruna against the euro.
4 weeks ago
Czech crown drops against dollar amid Trump’s lead in US presidential race
Expats.cz
The crown dropped 35 halers since Tuesday, trading at CZK 23.60 per dollar Wednesday morning, marking one of the steepest global currency declines.
1 month ago
CNB preview: Inflation temporarily above the tolerance band
ING Think
The Czech National Bank is set to continue its cutting cycle with another 25bp move. The focus will be on the new forecast, which should bring some dovish...
1 month ago
A Trump win would significantly weaken the Czech crown, analysts say
Expats.cz
A Trump win could lead to an exchange rate of USD 1: CZK 24. The crown currently stands at around CZK 23.34 for USD 1.
1 month ago
EMEA FX Talking: A mixed story across the region
ING Think
While interest rate markets are proving supportive for the Polish zloty and the Czech koruna, the outlook is not so clear-cut for the Hungarian forint.
1 month ago
FX Daily: Is next week’s ECB cut really a done deal?
ING Think
Markets are almost fully pricing in an ECB cut of 25bp next week, but our economics team finds a few counterarguments that suggest the meeting may be a closer...
2 months ago
Big Mac Index shows Czech crown is undervalued against the US dollar - Prague, Czech Republic
Expats.cz
The Big Mac Index, published biannually by The Economist, compares global currencies' purchasing power by examining Big Mac prices across countries.
3 months ago
FX Daily: Dollar floor crumbles as Fed terminal rate re-priced
ING Think
The market now prices around 120bp of Fed rate cuts before year-end. Importantly for the dollar, fears of a US recession mean that the market is no longer...
4 months ago
FX Daily: JPY correction – small, medium or massive?
ING Think
The size of the correction in the yen is now the market's primary preoccupation. The unwinding of yen shorts is undoubtedly contributing to the global risk-off...
4 months ago