The Czech koruna trades at 28,25 against the euro before the end of the Friday session. The currency still stays resistant to weakening of the forint and the zloty. Negative factors are rather hawkish yesterday speech of Mr. Trichet and Hungarian problems with criteria for adopting the euro. No important Czech news were released today.
The CZK looses versus the US dollar and trades at 22,11 CZK/USD. The move follows development of the USD/EUR rate. The dollar now trades stronger against the euro at 1,2778 USD/EUR after slightly better August payrolls.