Mediafax (Mediafax)
Currencies  |  June 27, 2011 12:45:12

The crown weakened slightly to 24.44 CZK / EUR


Mediafax

PRAGUE (MEDIAFAX) - Czech currency began trading Monday at rest, currently (12:35) in the range of 24.44 CZK / EUR, compared with Friday's finish (24.41) indicates a slight weakening by 0.1 percent. This follows from the data server Patria Online.

"Crown starts week weaker. Macroeconomic news from home or on the region today are not problems of the Czech political scene for the Crown would not be interesting, "said Thomas Wolf, an analyst at Patria Finance. The main markets remain nervous after him because of Greece, where there is coming to a key vote on new saving. "The government does not yet have a proposal to enforce a simple task, because some of its members reject the plan.Waiting for that savings eventually pass, but caution investors away from risky assets and the euro, "said an analyst.

For other currencies in the region is failing the Polish zloty, which has depreciated to 4,006 PLN / EUR (Friday 3990). On the contrary, the Hungarian forint strengthened slightly to 269.0 HUF / EUR (269.4 on Friday).

Eurodollars in the range of 1.4220 USD / EUR. "The new data come out today, U.S. personal spending and income, but are not decisive for the course. Important numbers will be published at the end of the week. Until then, the euro is trading around waiting mainly influenced by the uncertainty of Greek vote and probably speculation that the country's future will emerge, "says Wolf.

Crown as compared with the dollar slightly improved their sales from Friday 17.21 to 17.18 CZK current / USD.

Tomas Cizek, cizek@mediafax.cz

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