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Fiala Continues Visit To US, EUR/CZK Breaks 50-DMA

CZECHIA
  • Prime Minister Petr Fiala met with US President Joe Biden to discuss security cooperation as well as bilateral relations more generally, after visiting CIA headquarters alongside senior Czech intelligence officials. Fiala continues his visit to the US today and will hold meetings in Congress. The Prime Minister's trip dominates local media reports, with little of note happening elsewhere.
  • EUR/CZK closed below its 50-DMA for the first time since December. The moving average supported price action in recent weeks, with the rate gravitating towards it.
  • The local data docket is virtually empty today.

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