Yesterday's trading was quiet again. The Czech currency was curbed against
the euro in a narrow range of 31.570 - 31.680 and closed at 31.650.
Vis-a-vis the dollar, the koruna firstly firmed from the initial level of
28.900 to 28.870. However, the USD/CZK closed at 29.020 influenced by
eurodollar markets development.
The trading should stay calm today due to
forthcoming Easter holiday. Most of the worlds' important markets will be
taking a day off today. The EUR/CZK should not leave 31.550 - 31.750 range
and opened at 31.690. Against the dollar, the koruna should move between
28.900 - 29.300. The USD/CZK opened at 29.100 today.
open high low close today (18.4.)
EUR/CZK 31.600 31.680 31.570 31.650 31.690
USD/CZK 28.900 29.020 28.870 29.020 29.100
Martin Kocura, Investment Research, CSOB