The Czech National Bank (CNB) caught markets back raising interest rates by 25 basis points. EUR/CNZ is trading at 25.04 as analysts at Danske Bank see the pair heading lower. Key quotes “CNB surprised markets yesterday by raising interest rates by yet another 25bp.” “We see scope for additional hawkish comments that have yet to be priced.” “We could see downside risk to EUR/CZK from spot and our 12M target of 25.00.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD Price Analysis: Extra losses now look to 1.0879 FX Street 2 years The Czech National Bank (CNB) caught markets back raising interest rates by 25 basis points. EUR/CNZ is trading at 25.04 as analysts at Danske Bank see the pair heading lower. Key quotes “CNB surprised markets yesterday by raising interest rates by yet another 25bp.” “We see scope for additional hawkish comments that have yet to be priced.” “We could see downside risk to EUR/CZK from spot and our 12M target of 25.00.” Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
