The Czech koruna retreated from its highest levels reached last week. The closing of CZK/EUR is at 28,12, 9h weaker for the CZK compared to Friday. The Czech currency no longer resisted to weakening of other currencies in the region, there was also some profit taking after previous sharp firming. Czech macro data released today didn´t influence trading.
The CZK have lost also against the USD and ended at 22,04 CZK/USD. Situation on USD/EUR doesn´t change much, there was some volatility after the EMU 2Q GDP release, but this didn´t show any short term trend. Some more influential events from the US are on the agenda for tomorrow.