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Koruna Little Changed, CZGB Curve Bear Flattens

CZK

EUR/CZK trades flat at 24.778, sticking with yesterday's range. Technically, bulls look for a break above 24.867, which capped gains on Jan 2. Conversely, bears see Jan 8 low of 24.458 as their initial targets. CZGB yields are slightly higher across the flattened curve.

  • PM Fiala is under piling political pressure over his failure to declare interest in a controversial credit union in his asset declaration. Separately, parliament resumes debate on postal voting this morning.
  • Czechia's docket is empty until the release of economic sentiment data tomorrow morning.

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