The Czech koruna ends its quiet Wednesday trading at 28,22 CZK/EUR. Absence of local news causes that the pair follows trading on other currencies in the CE region. However, the moves of CZK/EUR are typically moderate. Tomorrow, Czech industrial output will be released. The number can influence the trading only if significantly different from the consensus. Patria expects that the industry grew by 12 % in August.
Neither the CZK/USD pair showed sharp moves and closed at 22,49. Also the eurodollar was traded with low volatility today. The USD firmed yesterday and then consolidates today, with only slight correction to actual 1,2552 USD/EUR.