(Martin Kodýdek) In today's lukewarm trading the koruna weakened to the current CZK/DEM 18.01. We do not expect any significant change to this trend, though a possible exception may come out of Thurdsday's CNB's Bank Board meeting, when another rate cut will be discussed. This may weaken the koruna a little, but it should not outreach the range of 17.85-18.15.
The USD is weakening -USD/DEM 1.7075; CZK/USD 30.75