The Czech currency followed negative sentiment on the neighbouring markets
and dipped against the euro. The macroeconomic data released yesterday
didn't influenced the exchange rate significantly. The EUR/CZK opened at
32.100 in the beginning of trading and softened to 32.160 at the end of the
The koruna weakened also against the dollar as the American currency
rose vs. the euro. The koruna was falling almost all day long and reached
the level of 28.570 at the end of trading compared to initial level of
28.360. No important data are released today. The EUR/CZK should move
between 32.100 - 32.300 and should be influenced by CE markets mood again.
The USD/CZK initiated at 28.580 today and should not leave the range of
28.400 - 28.900.
open high low close today (15.8.)
EUR/CZK 32.100 32.195 32.065 32.160 32.210
USD/CZK 28.360 28.600 28.310 28.570 28.580
Martin Kocura, Investment Research, CSOB