The koruna strengthened against the euro during the calm trading on Friday.
The EUR/CZK firmed at 30.370 from 30.500 at the morning and closed around
30.400. The USD/CZK was influenced by the release of the U.S. economic
indicators and the koruna weakened against the dollar.
The average nominal
wage and Czech real wage figures have been released today. We don't expect
any impact on the koruna. There are no important economic indicators to be
released this week. We expect the EUR/CZK to move in the range of 30.200 -
30.500 and the USD/CZK should stay between 32.450 - 33.000
open high low close
EUR/CZK 30.500 30.500 30.375 30.375
USD/CZK 32.550 32.550 32.340 32.460
Stepanka Kuzilkova
Investicni vyzkum, CSOB