The koruna was firming all day long yesterday and was following the other
Central European markets. The EUR/CZK opened at 32.350 level and closed
stronger at 32.240. The koruna also strengthened against the dollar from the
initial level of 28.710 to 28.430.
The USD/CZK exchange rate was influenced
by the weakening of the dollar on the world markets. No important data are
released today, the EUR/CZK should be curbed between 32.150 - 32.350. The
koruna could tend to strengthen. The koruna opened at 32.225 against the
euro today. The USD/CZK initiated at 28.350 and should not leave the range
of 28.200 - 28.700.
open high low close today (5.8.)
EUR/CZK 32.350 32.360 32.200 32.240 32.225
USD/CZK 28.710 28.725 28.380 28.430 28.350
Martin Kocura, Investment Research, CSOB