ING Sees Dovish Czech National Bank Weakening Koruna Against Euro

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ING strategist Frantisek Taborsky expects the Czech National Bank to hold rates at 3.75% while issuing dovish guidance, a stance that could weaken the Czech Koruna against the Euro. Taborsky said the CNB meeting is the key event in a busy Central and Eastern Europe data calendar. He noted the expected dovish guidance contrasts with still-hawkish market pricing.

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