The Czech koruna traded closer to weaker limit of its current trading band ahead long Easter weekend. It were little changed over the holidays and hovered mostly around EUR/CZK 28.64. There is no data on agenda this week, therefore development of the zloty and overall mood on emerging markets may drive the trading. Since we see positive price action on the Polish zloty, the koruna may follow suit and move slightly south, closer to stronger limit of current range 28.54/72.
(CSOB - Investment research)