The Czech koruna ended firmer against the euro at 28,10 CZK/EUR. The rate was dragged by regional sentiment positively influenced by Polish central bank governor´s comments on euro entry. Poland may enter the eurozone in 2012-2013. Czech trade balance, also released today, came out slightly weaker than expected and had no major impact on trading.
The CZK closed flat to the dollar at 21,75 CZK/USD. The dollar, alike the koruna, has firmed to the euro today, so the CZK/USD rate didn´t show any important moves. The USD/EUR market ignores all the non-manufacturing PMI reports in the EMU or USA. The market consolidates after number of last week´s releases.