I've once written a blog on this pair, about the peg Everything You Need to Know About Peg on EUR/CZK and How to Trade it Afterwards.
We are back above 27 czech crowns per euro and so I think this pair deserves an attention of forexmospherians again.
Few words about current development. The reason why Czech National Bank (CNB) set a peg on 27.00 like 5 years ago were the deflationary tendencies which are thought to be harmful for the economy. The level of a "healthy" inflation was reached through this monetary channel and the peg was left. Why it is on my spotlight - here are several scenarios which can influence the exhcange rate of this currency pair in the near future:
- The level of inflation will…
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Thanks God bless.
Thank you for your greetings! I look forward to getting to know the community.
Daniel Greetings and Salutations :
I am having an issue you may be able to help with, as I've exhausted most of my energy trying to get Fibo percent levels to show price along side with them in my MT platform i hope \ i explained what i am trying to ask Thanks for any insight on this
What if You were born in the market? Living between candles, feeling the price any minute, any second. Knowing nothing about natural laws of the planet earth. Just consider that your survival would depend on hunting the pips. No congenital skills. You the first and only Market-Born human. Would You be able to survive?... I think many people will answer many different ways. But for me, I think, We would damn be able to survive!
Hey Man welcome and salutations
Hello all, my friends. I am so glad that I can see this amazing group of the best traders running again! :) I am looking forward to the most brilliant blog posts on the FX net.