Trade balance for October should be released today and we expect good results, which might support the koruna to gain a few cents. However, the Czech currency has not reacted to any fundamental data lately.
We see the koruna against the euro between 31.78 and 31.98 and 26.75 and 27.25 against the dollar for today. It opened at 31.885 and 27.050 this morning.
CSOB, Investment Research