Commentary / Central Banks

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Chart of the Day: Czech peg break

The volatility curve of the Czech Koruna is suggesting that the market is pricing the much-anticipated peg withdraw by the Czech central bank within the next 2 months. The central bank hasn't given out any specific date …

Updated 1 min read
Chart of the Day: Czech peg break
Chart courtesy - David Goodman

The volatility curve of the Czech Koruna is suggesting that the market is pricing the much-anticipated peg withdraw by the Czech central bank within the next 2 months.

The central bank hasn't given out any specific date for the withdraw but indicated that it is very likely to come before the summer ends. 

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