CNB will keep its commitment to keep the koruna above
EUR/CZK 27 and will extend its forward guidance
The regional currencies were under a mild pressure on Wednesday in the afternoon after the US dollar strengthened on better than expected results of GDP growth and solid ADP report. The zloty and the forint were traditionally more volatile than the koruna which however also hit nearly a six-month low against the euro ahead of today’s CNB meeting.
Read the full report: FX Daily