EUR/CZK has edged lower and last deals -0.029 at 25.263, while the koruna is among the best performers in the EMEA FX space. Bears need to force a break below the 50-DMA (25.163) and round figure support (25.000) before setting their sights on Jan 2 high of 24.867. Conversely, bulls see Feb 15 high of 25.519 as their initial target.

  • Czechia's economic docket is empty today, while local headline flow has generated little in the way of notable catalysts. The next data release of note is the final Q4 GDP report, due Thursday.
  • The Finance Ministry will boost CZGB issuance in April to CZK23bn from CZK19bn in March.
  • CZGB yields have edged lower in morning trade, while the PX Index is little changed at typing, still struggling to test the 1,500 figure.

CZK: Koruna Tad Firmer, Familiar Technical Levels Intact

Last updated at:Mar-26 10:11By: Krzysztof Kruk

EUR/CZK has edged lower and last deals -0.029 at 25.263, while the koruna is among the best performers in the EMEA FX space. Bears need to force a break below the 50-DMA (25.163) and round figure support (25.000) before setting their sights on Jan 2 high of 24.867. Conversely, bulls see Feb 15 high of 25.519 as their initial target.

  • Czechia's economic docket is empty today, while local headline flow has generated little in the way of notable catalysts. The next data release of note is the final Q4 GDP report, due Thursday.
  • The Finance Ministry will boost CZGB issuance in April to CZK23bn from CZK19bn in March.
  • CZGB yields have edged lower in morning trade, while the PX Index is little changed at typing, still struggling to test the 1,500 figure.

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