The koruna weakened against the euro right after the beginning of the trading and moved to the level of 33 EUR/CZK. After this fall it kept under this level and firmed back in the afternoon. The koruna still remains sensitive to foreign investors attacks and is fall over 33 EUR/CZK is still possible. The koruna opened against the euro at 32,875 and within the day it might fluctuate within 32,75-33,00. Against the dollar it opened at 26,985 and might fluctuate within 26,75-27,25 USD/CZK.
CSOB - Investment Research