Trading in the Czech koruna was traditionally of a technical nature and had low liquidity. The koruna peeped briefly beyond the boundary of 33.00 CZK/EUR as well as it broke the 33.20 one. However, overcoming of both boundaries was short-term and the koruna always returned quickly to the zone between 33.00 and 33.20. The koruna still lacks stimuli and the market has no opinion of further development.
ČSOB - Investment Research