The Czech koruna closes at 28,25 against the euro and looses from yesterday´s 28,17 CZK/EUR. New CZK 2,6 bn. investment was announced today, but didn´t help the koruna to firm. Negative factors were stronger today: These were mainly weakening region and oncoming weekend elections. Similar pattern of trading is likely also in the rest of the week, the koruna could continue weakening when some higher volatility may occur. Elections result, Czech macro data and ECB should show a direction to the currency next week.
The koruna lost against the dollar today and closed at 21,99 CZK/USD. This came when dollar firmes against the euro to 1,2830 USD/EUR after better than expected Chicago PMI index.