The Czech koruna firmed in the morning after today macroeconomic releases. Czech CPI and foreign trade, both, came out better than expected, which pushed the currency to slightly stronger levels. But, the impact of macronews wasn´t strong, as the difference from the expectated numbers was small. The CZK has been loosing since then due to negative move of its regional peers. Now, the CZK/EUR rate stands at 27,65, so the Czech currency trades even weaker than yesterday.
The CZK is weaker also to the dollar, at 21,27 CZK/USD. This weakening is boosted by moves on the USD/EUR market. There, the USD gains and returns to the 1,3000 USD/EUR level. There are no news on the market and so we are awaiting tomorrow US foreing trade balance.