The Czech koruna looses against both, the euro and the dollar. The respektive rates stand at 28,20 CZK/EUR and 22,40 CZK/USD. The CZK weakens versus the euro on profit taking after recent gains. The pair ignores slightly better Czech foreign trade data and moves on other CE currencies.
The fall against the dollar is mainly caused by sharp moves on the USD/EUR market. The dollar now trades at 2-month highs against the euro after September US labor market data. The payrolls were much worse than the market expected, but previous August number was significantly revised higher. Moreover, the unemployment rate decreased to 4,6 % in September.