The koruna firmed from the level of 30.580 to 30.460 during morning trading.
However, it started to soften later, the EUR/CZK touched the level of 30.700
and closed at 30.520. The trading was influenced by the presence of the CNB
on the market. The Czech currency also slightly weakened vs. the dollar. The
USD/CZK fell to 30.780 in the end compared to 30.560 at the beginning.
are no important data or indicators to be released today. Concerns from
another CNB hidden interventions might remain. We expect the EUR/CZK to move
in the range of 30.450 - 30.750 and the USD/CZK should move between 30.700 -
open high low close today (29.7.)
EUR/CZK 30.580 30.710 30.460 30.520 30.500
USD/CZK 30.560 30.780 30.420 30.780 30.900
Stepanka Kuzilkova, Investment Research, CS0B