CEE currencies with a chance to erase this week’s losses – ING

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Economists at ING recaps their forecasts for the CEE currencies. In their view, the region could enjoy mild gains.

“On the FX market, we found the CEE currencies almost unchanged after yesterday’s US inflation number. However, higher EUR/USD today will give them a chance to erase this week’s losses. But still, it shouldn’t change much in the picture of a flat week.”

“For the Polish Zloty we see a return below 4.680 EUR/PLN and for the Czech Koruna levels below 24.00 EUR/CZK.”

“Hungarian inflation numbers should be good news for Forint and we can go back below 396 EUR/HUF.”

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