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CZK seen gathering traction in the next months – Danske Bank

Mikael Milhoj, Senior Analyst at Danske Bank, stays bullish on the Koruna for the upcoming months.

Key Quotes

“In the Czech Republic, we saw only a muted reaction in the spot rate, with EUR/CZK trading a little higher around 26.8 following the CNB meeting yesterday”.

“Following the exit, FX volatility has been lower than expected, creating no need for the CNB to intervene in the market for now. We still look for more CZK strengthening over the course of 2017, maintaining our current forecasts for EUR/CZK”.

USD/JPY a test of 113.50 loses momentum – UOB

FX Strategists at UOB Group noted a potential test of the mid-113.00s seems to have run out of steam as of late. Key Quotes “We indicated yesterday
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US nonfarm payrolls to have increased by 185k in April - Nomura

The analysis team at Nomura expects US nonfarm payrolls to have increased by 185k (Consensus: 190k) in April and private payrolls to have increased by
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