The Czech koruna has erased most of its losses that it accumulated from the end of the last week. The currency has firmed to closing 28,22 CZK/EUR thanks to positive impact of the region. Positive factors of the day were the Slovak GDP and the weakening dollar.
The CZK has ended at 21,69 CZK/USD thanks to both, development on the CZK/EUR and USD/EUR markets. The dollar was progresively loosing during the day due to data from the eurozone and the USA. The German and European GDP growth in 4Q came out better than expected. On the other hand, American economy registered larger foreign trade gap than estimated. The USD/EUR then moves to 1,3030 zone.