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Weaker dollar ahead of US Fed decision props up CEE FX

CEE MARKETS-Weaker dollar ahead of US Fed decision props up CEE FX WARSAW, Sept 16 (Reuters) - The forint continued to firm on Monday as a weaker dollar ahead of the U.S. rates decision boosted emerging market assets including Central Eastern European currencies. Markets are increasingly expecting an oversized 50-basis-point rate cut by the Federal Reserve later this week, putting pressure on the dollar and boosting investors' risk appetite for riskier assets.
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FX steady after ECB rate cut

CEE MARKETS-FX steady after ECB rate cut By Alan Charlish WARSAW, Sept 13 (Reuters) - Central European currencies hovered near recent levels on Friday, as markets pared back bets on further easing from the European Central Bank and weighed inflation data from Poland. The ECB cut interest rates again on Thursday and signalled a "declining path" for borrowing costs in the months ahead.
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Stocks jump on technology boost; South Africa, India in focus

EMERGING MARKETS-Stocks jump on technology boost; South Africa, India in focus Updated at 0910 GMT IEA cuts 2024 oil demand growth forecast on China slowdown South African inflation expectations fall further in Q3 Serbia central bank expected to trim interest rates to 5.75% Stocks up 1.3%, FX flat By Johann M Cherian Sept 12 (Reuters) - Emerging markets got a boost from broad gains in global tech-related stocks on Thursday, while investors assessed a survey on inflation expectations in South Afr
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FX steady ahead of ECB rates decision

CEE MARKETS-FX steady ahead of ECB rates decision By Alan Charlish WARSAW, Sept 12 (Reuters) - Central European currencies were little changed in Thursday morning trade as markets waited for what is almost certain to be a further rate cut from the European Central Bank and signals about potential further easing. Analysts expect the deposit rate to be cut by 25 basis points to 3.5%, and markets will be closely watching a press conference with ECB President Christine Lagarde for clues as to how qu
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FX drifts after strong showing for Harris in U.S. debate

CEE MARKETS-FX drifts after strong showing for Harris in U.S. debate By Alan Charlish WARSAW, Sept 11 (Reuters) - Central European currencies were moving sideways in Wednesday morning trade, as investors digested a U.S. presidential debate and looked ahead to an interest rate decision from the European Central Bank. Democratic candidate Kamala Harris put her Republican rival Donald Trump on the defensive in a combative presidential debate on Tuesday with a stream of attacks on his fitness for of
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Benign CPI data boost rate cut hopes, weigh on Hungarian forint

CEE MARKETS-Benign CPI data boost rate cut hopes, weigh on Hungarian forint By Krisztina Than BUDAPEST, Sept 10 (Reuters) - Hungary's forint slipped after lower-than-expected inflation data for August rekindled market expectations that the central bank could resume policy easing at its meeting later this month. The Hungarian and Czech central banks have been the most active among central European peers in easing policy since last year but are beginning to slow or possibly pause their steady rate
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Forint down third straight day, crown held back with CPI data due

CEE MARKETS-Forint down third straight day, crown held back with CPI data due PRAGUE, Sept 9 (Reuters) - Hungary's forint dipped for a third straight session and the Czech crown was stuck on the weak side of a psychological level, with markets looking toward a new round of inflation readings. The Hungarian and Czech central banks have been the most active among central European peers in easing policy since last year but are beginning to slow or possibly pause their steady diet of interest rate c
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FX rangebound ahead of US jobs data

CEE MARKETS-FX rangebound ahead of US jobs data By Alan Charlish WARSAW, Sept 6 (Reuters) - Central European currencies hovered around recent levels on Friday as markets awaited U.S. non-farm payrolls that may help shape expectations regarding the scale of a rate cut in September. The data, which will be published at 1230 GMT, is expected to show the U.S.
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Zloty inches higher as Polish cenbank chief to give clues on rate outlook

CEE MARKETS-Zloty inches higher as Polish cenbank chief to give clues on rate outlook By Anita Komuves BUDAPEST, Sept 5 (Reuters) - Central European currencies were little moved on Thursday as investors were looking ahead to speeches by the governors of the central banks of Poland and Hungary, both scheduled later in the day. The Polish zloty EURPLN= edged up, adding 0.12% to trade at 4.2710 versus the common currency after the National Bank of Poland (NBP) left its main interest rate on hold at
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Czech crown set to lead CEE currencies, forint held back

POLL-Czech crown set to lead CEE currencies, forint held back reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EURCZK= euro/koruna poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EURPLN= euro/zloty poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EURHUF= euro/forint poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EURRON= euro/leu poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./
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Zloty edges lower ahead of Polish interest rates decision

CEE MARKETS-Zloty edges lower ahead of Polish interest rates decision WARSAW, Sept 4 (Reuters) - The Polish zloty eased a touch on Wednesday ahead of the central bank's interest rate decision later in the day, with analysts expecting stable borrowing costs amid rebounding inflation. All 29 respondents in a Reuters poll forecast no change in the National Bank of Poland's monetary policy, meaning the cost of credit will have remained unchanged since October.
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EM stocks touch three-week lows amid growth concerns, chips selloff

EMERGING MARKETS-EM stocks touch three-week lows amid growth concerns, chips selloff Poland rate decision at 1200 GMT Ukraine's newly restructured bonds to join key EM indexes South Korean shares slide 3.2%, Taiwan down 4.5% EM stocks index down 1.6%, FX flat By Shashwat Chauhan Sept 4 (Reuters) - A gauge of emerging market equities hit three-week lows on Wednesday as stocks sold off amid brewing global growth concerns, with chip stocks the worst hit following U.S.
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FX weakens in rangebound trade, eyes on data

CEE MARKETS-FX weakens in rangebound trade, eyes on data PRAGUE, Sept 3 (Reuters) - Central Europe's currencies weakened a touch on Tuesday, stuck in tight ranges while taking in a new round of economic figures and waiting on U.S. data this week that may point to how deeply the Federal Reserve could cut interest rates. In Hungary, the forint EURHUF= has been holding off July highs on the strong side of 390 since July.
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Forex gains led by zloty ahead of interest rate meeting

CEE MARKETS-Forex gains led by zloty ahead of interest rate meeting WARSAW, Aug 30 (Reuters) - Central Eastern European currencies firmed on Friday, led higher by the Polish zloty, ahead of next week's central bank meeting on interest rates, after a flash estimate inflation reading for August showed inflation edging higher. Most emerging market currencies were higher on Friday as the dollar weakened ahead of crucial U.S.
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Most EM currencies firm in lead-up to US inflation data

EMERGING MARKETS-Most EM currencies firm in lead-up to US inflation data PCE data due at 1230 GMT Chinese yuan, South African rand at over one-year highs EM stocks up 0.5%, FX adds 0.1% By Shashwat Chauhan Aug 30 (Reuters) - Most emerging market currencies were higher on Friday as the dollar weakened ahead of crucial U.S. inflation data that could offer clues on the size of possible interest rate cuts by the Federal Reserve next month.
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Polish bond yields rise for second day after 2025 budget plans, FX firmer

CEE MARKETS-Polish bond yields rise for second day after 2025 budget plans, FX firmer PRAGUE, Aug 29 (Reuters) - Polish bond yields climbed for a second straight session on Thursday, hitting a one-month high, after the country unveiled a 2025 budget plan with a rising deficit, while central Europe's currencies mostly moved to firmer levels after recent weakness.
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Zloty weaker before draft budget, forint keeps gains

CEE MARKETS-Zloty weaker before draft budget, forint keeps gains By Boldizsar Gyori BUDAPEST, Aug 28 (Reuters) - The forint held onto gains on Wednesday after Hungary's central bank paused its rate-cutting cycle, while the zloty weakened as the Polish government was set to discuss next year's draft budget with an expected deficit increase. Hungary's central bank kept interest rates unchanged on Tuesday after 15 consecutive cuts totalling 1,125 basis points, leaving its base rate HUINT.ECI at 6.7
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Currencies steady as Hungary central bank set to pause after 15 rate cuts

CEE MARKETS-Currencies steady as Hungary central bank set to pause after 15 rate cuts By Boldizsar Gyori BUDAPEST, Aug 27 (Reuters) - Central European currencies were little changed on Tuesday ahead of a Hungarian central bank rate decision likely delivering the first pause in its policy easing after more than a year. Hungary's central bank is expected to pause its easing cycle on Tuesday after 15 consecutive rate cuts beginning in May 2023, cautioned by Hungarian headline inflation HUCPIY=ECI r
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Forint weakens ahead of Hungary's interest rate decision

CEE MARKETS-Forint weakens ahead of Hungary's interest rate decision WARSAW, Aug 26 (Reuters) - The forint slipped on Monday, ahead of Hungary's interest rate decision this week, while the Polish zloty gave back some of its gains from Friday. Central European currencies were among the beneficiaries of a weakening dollar on Friday after U.S. Federal Reserve Chairman Jerome Powell gave the green light to easing the cost of credit in September.
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CEE currencies slightly firmer ahead of Jackson Hole speech

CEE MARKETS-CEE currencies slightly firmer ahead of Jackson Hole speech By Boldizsar Gyori BUDAPEST, Aug 23 (Reuters) - Central-European currencies firmed slightly on Friday as investors waited for a key speech by U.S. Federal Reserve Chairman Jerome Powell scheduled for later today after U.S. economic data gave the green light for policy-easing. Investors were also in a wait-and-see mode ahead of an interest-rate decision by Hungary's central bank scheduled for next Tuesday.
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