The Slovak koruna continued on its
strengthening path moving to 37.57
EUR/SKK without much fresh news guiding
the move. It was mostly the positive mood
on regional markets for the time being.
Today’s trading session lacks domestic
incentives once again, so the koruna
remains driven by the regional development.
It would be interesting to see whether the
pair can go towards the 37.50-area this
week, as this is a solid resistance. If the pair
moves below this zone, it would open the
way to further gains.
Slovak koruna slightly firms on improved
sentiment.
(CSOB - Investment research)