The Czech koruna firms against the euro and closes today session at 28,45 CZK/EUR. The currency was positively influenced by moves on regional markets. In the morning, the euro was loosing against the CE currencies (and also the USD), following expectations of dowish ECB comments. The move continued even after ECB president Trichet´s speech that was rather hawkish.
The euro lost against the dollar despite slightly positive news from the ECB and worse than expected US macro data. The markets now concentrate on tomorrow US payrolls that can tell about strenght of the US economy and future path of Fed interest rates. The Czech koruna closed stronger against the USD at 22,19 CZK/USD.