The Czech koruna closed the Monday session at 28,23 CZK/EUR, 17 h stronger compared to Friday close. The CZK showed the best performance in the CE region, when the other currencies either stagnated or weakened. No Czech data were released today. Czech right wing ODS won the weekend Senate elections and gained the majority in this upper chamber of the Parliament. The news can by slightly positive as they improve position of ODS before second attempt to build a new cabinet.
The CZK ends stronger also against the USD, at 22,21 CZK/USD. The euro-dollar consolidates after the Friday dollar fall. Today US marco data were in-line with expectations and Fed´s Lacker´s comments didn´t surprise the market. The pair so doesn´t move much and trades at 1,2718 USD/EUR.