http://www.fxstreet.com/fundamental/market-view/central-european-weekly/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/05/14/Weekly Highlights: The NBP: another meeting, another surprising rate cut The CNB has confirmed our again that it does not bank plan an unconventional measures (negative rates) Week ahead: weak Czech and Hungary’s GDP together with Polish inflation below 1% Chart of the Week Both Czech Czech and Polish GDP is expected to have fallen in the first quarter of this year.Tue, 14 May 2013 05:56:07 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/05/14/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/05/07/Weekly Highlights: Negative interest rates? Maybe in the EMU, but not in the Czech Republic In Focus: The CNB macro forecast Week ahead: While the NBP should stay on hold, Czech hard data should confirm economic weakness CE: government bond yields CE government bond yields hit new all-time lows on Friday.Tue, 07 May 2013 06:08:59 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/05/07/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/04/30/Weekly Highlights: The NBH continue to gradually ease, more to come Will Central Europe benefit from ECB’s rate cut? The CNB is going to release its new macro forecast Chart of the Week: Central bank base rates Base interest rates are falling across the whole Europe, whileits centre is not excluded. Will an expected ECB rate cut bring a new roundof portfolio inflows to Central Europe?Tue, 30 Apr 2013 06:03:14 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/04/30/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/04/23/Weekly Highlights: The NBH becomes creative: its 2-week deposit will limit access of foreign credit institutions In focus: The Czech car industry Week ahead: The NBH ready to cut by another 25 bps Chart of the Week: Public debt/GDP in CE In 2012, Hungary remained by far the most indebted CE country. Its debt reached 79.2% of GDP.Tue, 23 Apr 2013 05:51:55 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/04/23/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/04/16/Weekly Highlights: Positive real interest rates make the zloty and Polish government bonds attractive Hungary’s inflation fell to new all-time lows Inflation is not and will not be, for a long time, a problem of the Czech economy Leading indicators for industry continue to improve, but the rate of improvement unfortunately decelerates Chart of the Week: The Polish Flash The Polish flash (leading indicator) has improved further, but the momentum has surprisingly deterioratedTue, 16 Apr 2013 07:06:16 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/04/16/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/04/09/Weekly Highlights: The NBH has announced new growth-supporting measures, which seems to have a limited impact The Czech industry disappoints as expected In Focus: How dangers are CE trade links to PIIGS? The NBP on hold this time, but it might sound dovish Chart of the Week Year-on-year inflation rates diverge in Central Europe as Poland leads in the region, while the Czech inflation remain at the lowest levels.Tue, 09 Apr 2013 06:21:04 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/04/09/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/03/26/Weekly Highlights: CE currencies weakened last week. What was really behind? Cyprus or weak eco figures from the EMU? The Hungarian central bank will cut its base rate to 5% Discussions about forex interventions will continue in the CNB Chart of the Week While negative correlation of EUR/HUF and DAX reaches maximum during the periods of sell-offs (such as in 2009), the EUR/PLN increases ses Its correlation with equities more during the periods of optimism (such as in mid 2011).Tue, 26 Mar 2013 06:04:10 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/03/26/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/03/19/Weekly Highlights: Hungary’s specific contribution to the currency wars Inflation continues to fall across the region In Focus: Mixed data from the Czech industry Chart of the Week:Tue, 19 Mar 2013 06:08:58 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/03/19/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/03/12/Weekly Highlights: The Polish central bank caught market by surprise with 50 basis points rate cut Hard data confirm the poor state of the Czech economy Preview: The Polish year-on-year inflation falls to 1.5% Chart of the Week Polish central bank cut interest rates unexpectedly last Wednesday. According to the NBP President Belka, Wednesday’s cut should mark the end of the monetary easing cycle that had begun in November 2012.Tue, 12 Mar 2013 06:58:40 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/03/12/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/03/05/Weekly Highlights: No surprise from Hungary - György Matolcsy appointed as a new MNB President Poland’s GDP grew due only to net exports In focus: our outlook for EUR/CZK revised upward after inconclusive Italian elections Preview: The NBP on hold this time Chart of the Week The Polish zloty has outperformed its peers as the latest data have been consistently surprising on the upside of expectations.Tue, 05 Mar 2013 06:01:45 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/03/05/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/02/25/Weekly Highlights: The Czech koruna seeks its lost link to the dollar Polish industry and retail sales surprise positively Polish GDP growth in 2012Q4 the slowest since 2009 Chart of the Week A reaction of the zloty on better than expected January retail sales data.Mon, 25 Feb 2013 14:55:09 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/02/25/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/02/19/Weekly Highlights: End-of-year hard data shows the depth of the recession, … … but January leading indicators confirm our recovery hopes Polish inflation falls to 5-1/2 year low Chart of the Week Polish inflation fell to 5-1/2 year low in January and strengthened a case for a rate cut in March.Tue, 19 Feb 2013 06:44:34 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/02/19/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/02/11/Weekly Highlights: Less dovish regional banks reversed the bearish in the region’s forex markets. The CNB: No signal about interventions against the koruna The NBP cuts again, but the MPC sounds more hawkish A wave of poor figures from the Czech economy The Polish inflation still heading downwards Chart of the Week Regional central banks’ meetings brought heavy price actions on the koruna and the zloty forex markets last Wednesday.Mon, 11 Feb 2013 13:46:53 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/02/11/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/02/04/Weekly Highlights: Regional PMI’s show visible improvement The Polish GDP grew 2%in 2013 – no surprise The NBP ready to cut again by 25 bps The CNB might disappoint part of the FX market as its attitude to forex intervention would remain vague Chart of the Week The NBP should bring another 25bps rate cut this Wednesday.Mon, 04 Feb 2013 13:34:20 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/02/04/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/01/29/Weekly Highlights: Poor Polish macro figures counterbalanced by German business optimism In Focus: CNB interventions – a real threat? Miloš Zeman has become the new Czech president Weekly preview: The MNB is going to cut again Table of the Week: The CNB Bank Board See the above composition of the Czech National Bank Board and expirations of mandates of its members. Newly elected Czech President Milos Zeman will be able to replace five of seven Board Members.Tue, 29 Jan 2013 07:18:04 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/01/29/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/01/21/Weekly Highlights: CE currencies under pressure despite risk-on mode in global markets Inflation in the Central Europe wanes Polish industrial production shrunk deeply in December Chart of the Week In December, the Polish industrial production shrunk by 5.1% Y/Y which was the largest drop since June 2009.Mon, 21 Jan 2013 14:21:08 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/01/21/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/01/15/Weekly Highlights: Polish central bank surprises markets Leading indicators in Central Europe continue to improve. Uncertainty around the new MNB governor scares markets Polish inflation to hit the target in December Chart of the Week The zloty temporarily strengthened and government bond yields rose after NBP’s President Belka said that only one more rate cut remains in play.Tue, 15 Jan 2013 09:10:08 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/01/15/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/01/08/Weekly Highlights Suspicious behaviour of the Czech koruna The bets on a significant decline in Polish rates are exaggerated Czech industry disappoints Uncertainty around new CB governor might harm Hungarian bonds Chart of the Week It seems as if the Czech koruna is beginning to drop its usual links to the euro-dollar and stock markets...Tue, 08 Jan 2013 07:13:10 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2013/01/08/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/12/10/Weekly Highlights: Although the Czech and Hungarian industrial output are loosening momentum… …our leading indicators for the Czech and Polish industries are actually bottoming out Preview: the Polish inflation will slip below 3% for the first time in two years Chart of the Week Industrial production slows down across the region. On the other hand our leading indicators for the Czech and Polish industries show some signs of stabilization (see page 3).Mon, 10 Dec 2012 14:41:26 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/12/10/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/12/04/Weekly Highlights: The Polish GDP weaker-than-expected In Focus: Updated outlook for the EUR/CZK The NBP is going to cut again. But how deep? Chart of the Week In November, sentiment among Central European manufacturers slightly improved. Still, Czech and Polish PMI remain below the key 50 points level.Tue, 04 Dec 2012 06:47:33 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/12/04/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/11/27/Weekly Highlights: The NBH ready to cut again, despite S&P’s rating cut Dovish voices become stronger inside the Polish MPC – so, the December rate cut is more likely Weekly preview: The Polish GDP growth below 2% for the first time in 3 years Chart of the Week S&P agency lowered Hungary’s rating deeper in to the speculative territory. The negative rating action, however, only follows markets as there already had been some deterioration in Hungary’s sovereign risk premium. See the CDSTue, 27 Nov 2012 08:36:20 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/11/27/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/11/20/Weekly Highlights: The koruna fears interventions The longest recession of the Czech economy Not only the Czech Republic but also Hungary experiences a double bottom scenario The Slovak economy decelerates. Employment falls Chart of the Week Economic growth in Central Europe slowed down in the third quarter…Tue, 20 Nov 2012 06:19:08 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/11/20/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/11/13/Weekly Highlights: The German slowdown felt in Central Europe The NBP has started its easing cycle as expected In Focus: The Czech and Polish leading indicators point dark near-term future in regional industries The Polish inflation probably fell in October Chart of the Week The Polish NBP is the last one that starts easing cycle.Tue, 13 Nov 2012 07:01:51 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/11/13/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/11/06/Weekly Highlights: CNB cuts rates to technical zero The Czech koruna moves sharply above 25.00 EUR/CZK NBH cut has no major impact on Hungarian forint NBP set to start monetary easing cycle Chart of the Week Polish real interest rates se to remain in a positive territory even after the expected interest rate cut. (Source: NBP, Bloomberg).Tue, 06 Nov 2012 06:19:51 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/11/06/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/10/22/Weekly Highlights: The Czech left won constitutional majority in the Senate. Will the ruling coalition survive? The Hungarian government unveil fresh fiscal tightening to keep the deficit below 3% of GDP The Polish economy continues to decelerate In focus: The New Polish leading indicator Chart of the Week Just in two weeks time the Hungarian government announced HUF 764 billion of fiscal measures. It shows that government’s commitment too keep the budget deficit under 3% in 2013 seems to beMon, 22 Oct 2012 13:00:42 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/10/22/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/10/16/Weekly Highlights: While Czech mainstream parties saw big losses in regional elections, the CZK and bonds remain stable The NBP starts to play a catch-up game with its PEER’s The Hungarian inflation extends its divergence from the NBH target Chart of the Week The communist party (KSCM) obtained the most votes since the Velvet Revolution.Tue, 16 Oct 2012 05:50:05 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/10/16/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/10/09/Weekly Highlights: The NBP surprisingly stay on hold Markets might welcome the government’s intention not to impose a financial-transaction duty on the MNB In focus: The CZK will hardly shine in coming months Chart of the Week Despite the fact that the Polish central bank unexpectedly decided to keep interest rates unchanged, the zloty underperformed its CE peers last.Tue, 09 Oct 2012 05:35:47 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/10/09/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/10/02/Weekly Highlights: The MNB ignores high inflation and cuts again Czech official slip to rates all-time lows, while the Bank Board mulls a possibility to intervene against the CZK Czech and Polish PMIs disappoints again The NBP ready to cut by 25 bps Chart of the Week The Czech koruna back above 25.00 EUR/CZK after CNB meeting.Tue, 02 Oct 2012 05:49:37 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/10/02/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/09/25/Weekly Highlights: Will the CNB join global currency wars after its expected rate of the repo rate to 0.25%? Tough week for the Hungarian parliament In focus: the Czech-Slovak decoupling Chart of the Week Despite GDP slowdown. Poland still by far outperforms its regional neighboursTue, 25 Sep 2012 05:44:49 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/09/25/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/09/17/Weekly Highlights: CE Markets extended their rally after the Fed meeting Strong koruna and zloty make a case for monetary easing even stronger The Hungarian inflation moves back to the 6% level Chart of the Week Czech and Polish bond yields are seen close to this year’s low. (Source: Bloomberg).Mon, 17 Sep 2012 13:52:03 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/09/17/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/09/11/Weekly Highlights: NBP’s Belka confirms a U-turn in monetary policy PM Orban says Hungary still needs IMF help Household consumption continues to weigh on Czech GDP growth Polish inflation to fall below 4% Chart of the Week Market expectations of interest rate cuts in Poland further intensified last week. (Source: Thomson Reuters, CSOB).Tue, 11 Sep 2012 06:17:00 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/09/11/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/09/03/Weekly Highlights: Polish GDP slows sharply Regional PMI further deteriorates Signs of further delay in Hungarian talks with IMF Czech real wages decline further Chart of the Week Polish and Czech PMI’s pointed out to a further deterioration in sentiment in August…Mon, 03 Sep 2012 12:53:33 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/09/03/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/08/27/Weekly Highlights: CE currencies had a great summer… ….as well as the local bond markets, with the yields near historical lows Polish macro-figures confirm slowing economic growth Despite the strong forint the MNB will stay on hold Chart of the Week Deceleration in economic growth has spurred bets on further easing in CE countries…Mon, 27 Aug 2012 12:53:35 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/08/27/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/07/23/Weekly Highlights: Czech yields at record and Polish at 6-year lows Hungarian forint approaches 2012 highs as talks with IMF-EU start…, …but Spanish fears kicked the zloty and forint off multi-month highs NBH should stay on hold in close call Chart of the Week Yields of Czech government bonds fell to an all-time low whereas Polish yields hit six-year lows.Mon, 23 Jul 2012 12:18:49 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/07/23/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/07/17/Weekly Highlights: Czech and Polish bond market enjoy strong rally Polish inflation surprisingly high again In focus: Czech assets still far from safe heaven… Chart of the Week The yield of the 10Y Czech government bond benchmark hit fresh all-time lows below the 2.50% level .Tue, 17 Jul 2012 07:50:06 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/07/17/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/07/03/Weekly Highlights: The CNB cuts its base rate to fresh all-time lows The koruna as a financing currency for carry trade? Polish PMI at 35-month lows The NBP will leave official rates unchanged Chart of the Week: Czech official rates Year-on-year inflation rates diverge in Central Europe as Poland leads in the region, while the Czech inflation remain at the lowest levels.Tue, 03 Jul 2012 07:08:26 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/07/03/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/06/25/Weekly Highlights: The forint outperforms its PEERs as markets feel progress in talks between government and the IMF In Focus: QE3 might be around the corner, should we expect another rally in CE Forex markets? The CNB will cut its repo rate to fresh all-time lows Chart of the Week Year-on-year inflation rates diverge in Central Europe as Poland leads in the region, while the Czech inflation remain at the lowest levels.Mon, 25 Jun 2012 12:18:34 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/06/25/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/06/18/Weekly Highlights: Central Europe cautiously watch developments in the eurozone after the Greek vote Hungary closer to a loan from the IMF Inflation in Hungary and Poland ease The MNB will stay on hold again Chart of the Week In May, year-on-year inflation in Poland and Hungary slowed down markedly.Mon, 18 Jun 2012 12:22:40 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/06/18/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/06/12/Weekly Highlights: Central Europe prepares for the storm Czech and Hungarian GDP details confirm weakness of the domestic demand The Polish inflation should slow in May Chart of the Week Rolling correlation (20 days) between daily changes in the spread between 10Y Spanish and German government bonds’ yields and changes in Central European currencies (against euro) since 2011.Tue, 12 Jun 2012 11:06:31 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/06/12/http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/06/05/Weekly Highlights: Polish growth cools down to 3.5% in Q1/2012 Czech PMI hit 33-month lows BGK intervenes in favor of the zloty NBP will keep rates unchanged Chart of the WeekTue, 05 Jun 2012 06:13:24 GMThttp://www.fxstreet.com/fundamental/market-view/piet.lammens@kbc.be (KBC Bank)http://www.fxstreet.com/fundamental/market-view/central-european-weekly/2012/06/05/