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Koruna Weakens Amid Thin Liquidity

CZK

EUR/CZK crept higher into the European morning amid holiday-thinned liquidity, with Czechia off for two days. The pair changes hands +0.066 at 23.784 at typing, but only a break above Mar 17 high of 24.137 would alter the broader picture. Bears keep an eye on Jun 27 low of 23.573 and Jun 6 low of 23.510.

  • Regional currencies have come under a bit of pressure after the release of weaker than expected PMIs from across the Eurozone.
  • Czechia will report May industrial production, construction output and trade balance when it's back from holidays on Friday.

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