The Czech koruna traded sticked to the 28,00 line, with only marginal volatility. The closing rate 28,01 CZK/EUR means a slight weakening of the koruna compared to Friday. No important news were released today, so the market waits for Wednesday trade balance data. A 4 bn. CZK surplus is expected.
The US dollar consolidates after previous losses against the major currencies. The USD/EUR trades slightly above 1,3300 with no events present on the market. Buy euro on dip still seems to be prevailing strategy. The koruna vs. the dollar ended at 21,02 CZK/USD.