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CEE FX: CNB dovish shift and NBP hawkish turn – ING

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CEE FX: CNB dovish shift and NBP hawkish turn – ING

ING’s Frantisek Taborsky says the Czech National Bank’s dovish signal contrasts with expectations for at least two more rate hikes and a hawkish repricing. He sees EUR/CZK trading in a 24.350–24.400 range, supported by seasonal koruna strength despite renewed upward pressure.

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