EUR/CZK to drift slightly lower in coming months, then follow more sideways profile over 2024-25 – Commerzbank

Source Fxstreet

The Czech Koruna (CZK) was a notable underperformer among CEE over the past year. Economists at Commerzbank analyze the EUR/CZK outlook.

Not expecting much rebound

The Czech Koruna will probably stabilise in coming months as inflation moderates by more than rates will be cut. 

But later in 2025, we forecast the CZK to depreciate, once again, on the back of a weaker Euro (EUR), and also on the back of stubborn wage and core inflation which could re-accelerate in the medium term.

Source: Commerzbank Research

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Copper Long-term forecast: Will Copper Price Expected To Soar In 2023?The price of copper is affected by various of factors. You may wonder how the price of cooper will be in 2023, check out our forecast analysis.
Author  Mitrade
Mar 13, 2023
The price of copper is affected by various of factors. You may wonder how the price of cooper will be in 2023, check out our forecast analysis.
placeholder
Bitcoin CME gaps at $35,000, $27,000 and $21,000, which one gets filled first?Prioritize filling the $27,000 gap and even try higher.
Author  FXStreet
Aug 21, 2023
Prioritize filling the $27,000 gap and even try higher.
placeholder
Gold Price Forecast: XAU/USD holds positive ground above $2,020 ahead of US CPI dataGold price (XAU/USD) drifted higher during the early Asian trading hours on Thursday.
Author  FXStreet
Jan 11, Thu
Gold price (XAU/USD) drifted higher during the early Asian trading hours on Thursday.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, Mon
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
Dogecoin Path To $23? Fibonacci Extensions Hint At Massive Upside With Musk-Trump InfluenceElon Musk’s favorite cryptocurrency, Dogecoin (DOGE), could be on the verge of a massive parabolic rally following the recent victory of Republican U.S. presidential candidate Donald Trump.
Author  NewsBTC
Nov 07, Thu
Elon Musk’s favorite cryptocurrency, Dogecoin (DOGE), could be on the verge of a massive parabolic rally following the recent victory of Republican U.S. presidential candidate Donald Trump.
goTop
quote