By Anita Komuves

BUDAPEST, Dec 2 (Reuters) - The Hungarian forint and the Polish zloty gained on Friday as the U.S. dollar weakened and investors awaited key jobs data from the world's biggest economy due later in the day.

U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that it was time to slow rate hikes. The dollar was trading near 16-week lows against a basket of major currencies on Friday ahead of the data release.

"The dollar has weakened, which could be helping currencies in the region," an FX trader in Budapest said.

"However, it is already December and trade volumes are so low that it can cause wild movements in currency rates without underlying reasons."

The forint EURHUF= was up 0.6% on the day and trading at 410.00 per euro while the Polish zloty EURPLN= firmed 0.26% to 4.6805 versus the common currency.

"The dollar is generally weakening against major currencies after the Fed's chief talked about slowing the pace of rate hikes. However, currency markets could be moved by key jobs data," Takarekbank analysts in Hungary wrote.

The forint's strengthening was also due to a correction after a plunge in the previous session, another trader said.

The currency fell after the European Council on Wednesday approved Hungary's recovery plan but moved to freeze funds until Budapest fulfils all agreed conditions.

Hungary's widening current account deficit also weighs on the currency, analysts have said.

The forint has been pressured this week by rising gas prices as well, traders and analysts said.

Elsewhere, the Czech crown EURCZK= was flat as final gross domestic product data showed that the economy fell by 0.2% on a quarterly basis in the third quarter, the first such decline since early 2021.

Most stock markets in the region eased, with Warsaw's blue-chip index .WIG20 weakening 1.07%. Prague .PX lost 0.84% while Budapest's equities .BUX were 0.89% lower. Bucharest .BETI bucked the trend and added 1.31%.

CEE

SNAPSH AT

MARKET OT

1141

S

CET

CURREN

CIES

Latest Previo Daily Change

us

bid

close change in

2022 EURCZK Czech

<EURCZ 24.375 24.381 +0.02 +2.04 =

crown

K=>

0

0

%

% EURHUF Hungary <EURHU 410.00 412.55 +0.62 -9.90% =

forint F=>

00

00

% EURPLN Polish <EURPL 4.6805 4.6920 +0.25 -1.91% =

zloty

N=>

% EURRON Romania <EURRO 4.9300 4.9310 +0.02 +0.37 =

n leu

N=>

%

% EURHRK Croatia <EURHR 7.5470 7.5495 +0.03 -0.39% =

n kuna K=>

% EURRSD Serbian <EURRS 117.21 117.30 +0.08 +0.32 =

dinar

D=>

00

00

%

%

Note:

calcul

1800

daily

ated

CET

change from

Latest Previo Daily Change

us

close change in

2022 .PX

Prague

.PX

1204.1 1214.3 -0.84%

5

200

.BUX

Budapes .BUX 45954. 46368. -0.89% -9.40%

t

66

37

.WIG20 Warsaw <.WIG2 1747.4 1766.3 -1.07% -22.92

0>

2

8

% .BETI Buchare <.BETI 11884. 11730. +1.31 -9.01%

st

>

37

66

% .SBITO Ljublja <.SBIT 1070.6 1071.4 -0.08% -14.72 P

na

OP>

2

5

% .CRBEX Zagreb <.CRBE 1910.5 1909.8 +0.04 -8.12%

X>

5

0

% .BELEX Belgrad <.BELE 812.64 812.91 -0.03% -0.99% 15

e

X15>

.SOFIX Sofia

<.SOFI 603.23 601.80 +0.24 -5.10%

X>

%

Yield Yield Spread Daily

(bid) change vs

change

Bund

in

Czech

spread

Republi

c

CZ2YT=

<CZ2YT 5.5850 0.0000 +362b +8bps RR

2-year =RR>

ps CZ5YT=

<CZ5YT 5.0550 0.1010 +331b +17bp RR

5-year =RR>

ps

s CZ10YT

<CZ10Y 4.6590 0.0720 +289b +12bp =RR

10-year T=RR>

ps

s

Poland

PL2YT=

<PL2YT 6.6700 -0.135 +471b -6bps RR

2-year =RR>

0

ps PL5YT=

<PL5YT 6.6170 -0.064 +487b +1bps RR

5-year =RR>

0

ps PL10YT

<PL10Y 6.3390 -0.111 +457b -6bps =RR

10-year T=RR>

0

ps

FORWAR

D

3x6

6x9

9x12

3M

interb

ank

Czech

<CZKFR

7.03

6.59

6.08

7.25

Rep

A><PRI

BOR=>

Hungary <HUFFR 14.02 12.78 12.02 15.46

A><BUB

OR=>

Poland <PLNFR

7.01

6.85

6.46

7.25

A><WIB

OR=>

Note:

are

FRA

for

quotes ask

prices

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Additional reporting by Pawel Florkiewicz in Warsaw; Editing by Devika Syamnath