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Koruna Garners Strength, Outperforms Regional Peers

CZK

The Czech koruna has appreciated and currently outperforms all its EMEA peers, with EUR/CZK trading -0.105 at 24.504. There has been little in the way of fresh local developments outside of those fleshed out in our earlier CZK summary.

  • PLN/CZK has faltered to its lowest point since December 15 and last deals -265 pips at 5.6278. Bears look for further losses towards the 50-EMA/round figure at 5.6076/5.6000.

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