💱US Dollar/Czech Koruna FX Spot Rate
USDCZK
▼ NegativeMonetaryrelevance
Czech inflation below CNB forecast, but CNB's hawkish bias supports koruna, strengthening CZK vs USD.
Czech headline inflation fell to 1.5% year-on-year, below Czech National Bank forecasts, with goods and energy prices soft but services still elevated, according to Commerzbank’s Tatha Ghose. The CNB’s hawkish bias continues to support the Czech koruna.
Czech inflation below CNB forecast, but CNB's hawkish bias supports koruna, strengthening CZK vs USD.