Central Europe's main currencies will firm against the euro in the next 12 ...
WARSAW/PRAGUE - Central Europe’s main currencies will firm against the euro in the next 12 months, a Reuters poll found, but much depends on calmer conditions in global markets and delivery of expected monetary easing in the euro zone and the United States.
However, many analysts expect the turbulence unleashed in global markets to calm over the next 12 months. The Czech crown is seen firming 2% against the euro over the coming year, while the Hungarian forint is expected to gain nearly 4% and the Polish zloty to strengthen 1.5%, according to the Aug. 29-Sept. 4 poll of 31 analysts.
On Tuesday, Reuters reported ECB policymakers are leaning toward a stimulus package that includes a rate cut and a beefed-up pledge to keep rates low for longer.
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