The Czech currency seemed to be afraid of anchoring above the 33.00 per the euro limit, yesterday it moved in a range of 32.755 and 33.025. The risk of further koruna's weakening has not vanished; the trade balance released on Friday might not be good.
The koruna should move between 32.75 and 33.05 per the euro today. It began at 32.885 against the euro on Thursday morning. The rate USD/CZK opened at 26.420 and closed at 26.060 yesterday. It opened at 26.945 this morning and should move in a range of 25.75 and 26.25.
CSOB, Investment research