The koruna fluctuated within very narrow range 32,51-32,60 against the euro yesterday. The trading had rather technical character. We expect quiet trading within the range 32,45-32,65 EUR/CZK today. Tomorrow's trading can be influenced by trade balance. The market expects positive signals, wrong indicator can weaken the koruna. The koruna opened at 32,590 against the euro this morning. The rate USD/CZK might fluctuate within 25,80-25,30, it opened at 25,05 this morning.
CSOB Investment Research