CNB verbal intervention will support the Czech Koruna – Commerzbank CzechRepublic EURCZK InterestRate Banks
“CNB Governor Alles Michl made hawkish remarks following the rate meeting, saying that the market’s assessment – that CNB’s rate hikes are over – could prove wrong.”
“Whether Michl would really pull the trigger easily or not remains to be seen, but for now his verbal intervention will support the Czech Koruna.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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