Home›Forex›Central Banks›Czech koruna weakens as CNB and ECB expectations conve…

Czech koruna weakens as CNB and ECB expectations converge

BNY Mellon’s Geoff Yu said CZK has fallen on a nominal effective basis even as policy expectations move closer to the ECB.

Reported · Written up by our desk · Central Banks

FXStreet reports that Geoff Yu at BNY Mellon said Czech National Bank policy expectations have risen alongside ECB expectations.

The same source said the Czech koruna is nevertheless sliding on a nominal effective basis.

More like this

Sources