Currency market trading was calm yesterday, with the major currencies trapped in narrow bands. Minutes from the Federal Reserve's latest policy meeting brought no surprise, suggesting more U.S. interest rate hikes to come as risks to an acceleration of core inflation remain. However, the minutes also said that rates are near where they need to be.
The Czech unit slipped against the euro on Tuesday in the wake of expectations that the central bank may cut interest rates at its Thursday monetary policy meeting. Though, the majority of market analysts forecast a no-change-verdict.
FX RATES | |
USD/CZK | 23.940/970 |
USD/GBP | 1.7439/43 |
EUR/CHF | 1.5583/93 |
EUR/CZK | 28.515/545 |
USD/YEN | 118.63/68 |
EUR/GBP | 0.6827/31 |
EUR/USD | 1.1910/15 |
EUR/YEN | 141.26/37 |
STOCK MARKETS | ||
NIKKEI | 15781.78 | -113.16 |
EUROSTOXX 50 | 3779.51 | +12.77 |
FTSE 100 | 5857.7 | -5.3 |
DAX 30 | 5801.04 | +7.09 |
S&P 500 | 1283.04 | -4.20 |
NASDAQ | 2262.96 | -19.40 |
PX 50 | 1576.4 | +14.4 |
GOLD | 554.30/+555.00 | - |
DEPOSIT RATES | ||||
CZK | USD | EUR | YEN | |
ON | 1.90-2.00 | 4.49-4.52 | 2.32-2.35 | --- |
3M | 1.96-2.06 | 4.73-4.76 | 2.58-2.61 | 0.01-0.06 |
6M | 1.99-2.09 | 4.91-4.94 | 2.70-2.73 | 0.04-0.09 |