Today, the Czech koruna has fallen above the 28,00 line to the euro. The CE currencies, dollar and yen, all weaken against the euro due to improving prospects of ECB rates. ECB bankers Noyer and Bini Smaghi suggested ECB rates will continue to rise thanks to robust growth in eurozone.
The koruna stays roughly flat to the dollar around 21,50 CZK/USD, when the dollar is loosing against the euro, too. Actual rate on the USD/EUR market is 1,3025. The euro is expected to have difficulties breaking through the resistance around 1,3050.