The koruna tries to fight back – unsuccessfully so far
Headlines Currencies: The koruna tries to fight back – unsuccessfully so far Fixed Income: Polish retail sales will be eyed with attention today Currencies The Czech koruna tried to come back yesterday but its attempt to firm failed as the EUR/CZK did not break below the 23.500 support level. Obviously the currency has been supported by hedging activity of Czech exporters, who want to utilize weaker levels of the Czech currency for their business. Nevertheless, until the big London players
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