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News

FX on track for worst week in November as dollar, geopolitics weigh

CEE MARKETS-FX on track for worst week in November as dollar, geopolitics weigh By Karol Badohal WARSAW, Nov 22 (Reuters) - Central Eastern European currencies held steady at weaker levels on Friday, and headed for their worst week in November, as geopolitical tensions hit investor sentiment and the firming dollar added pressure. Most emerging market stocks and currencies, generally considered as risky, were set for a flat-to-lower week on the back of escalating conflict between Russia and Ukrai
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Geopolitical tensions and firm dollar hurt FX

CEE MARKETS-Geopolitical tensions and firm dollar hurt FX WARSAW, Nov 21 (Reuters) - Central Eastern European currencies weakened on Thursday as mounting geopolitical tensions increased risk aversion among investors, with a stronger U.S. dollar adding to the pressure. Russia launched an intercontinental ballistic missile during an attack on Ukraine on Thursday, Kyiv's air force said, following Ukraine's use of Western missiles to strike Russia in recent days.
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FX eases as geopolitical tensions weigh

CEE MARKETS-FX eases as geopolitical tensions weigh By Anita Komuves BUDAPEST, Nov 20 (Reuters) - The Hungarian forint led losses among central European currencies which were pressured by geopolitical tensions and a strengthening dollar, while stock markets rebounded after a plunge in the previous session. The forint EURHUF= fell 0.6% to trade at 409.8 per euro.
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Warsaw stocks fall most in over two years, forint buoyed by rate pause

CEE MARKETS-Warsaw stocks fall most in over two years, forint buoyed by rate pause Updates throughout with Hungary rate decision, Warsaw stocks By Anita Komuves BUDAPEST, Nov 19 (Reuters) - Rising global tensions pushed the zloty to its first loss in a week and set Warsaw blue-chip stocks on course for their biggest drop in more than two years, while the forint held steady with Hungarian interest rates staying unchanged.
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Forint eases as Hungary central bankers likely to keep rates on hold

CEE MARKETS-Forint eases as Hungary central bankers likely to keep rates on hold By Anita Komuves BUDAPEST, Nov 19 (Reuters) - The forint drifted on Tuesday before a Hungarian central bank meeting where policymakers are likely to keep its rate-cutting drive paused amid global uncertainties putting pressure on the currency. The forint EURHUF= , which had bottomed out at an almost 23-month low of 412.50 to the euro this month, had eased 0.1% to 407.15 per euro by 0928 GMT, giving up early gains.
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