The Czech koruna retreated slightly yesterday, the picture of the trading was similar to those in last days: no marked impulses, rather technical trading. Negative sentiment across Central Europe had strongest influence on the rate, both Polish zloty and Hungarian forint weakened. Some impulse can be brought by Friday's trade balance data. Significant moves can be expected only in case of surprising data. The rate EUR/CZK started at 31,785 and might move within 31,62-31,82 during the day. Against the dollar the koruna opened at 26,435 and might fluctuate in the range o 26,15-26,65.
(CSOB Investment research)