Czech Koruna Jumps To 2-week High Against Greenback
December 03 2009 - 7:36AM
RTTF2
The Czech koruna staged a strong rally against its US opponent
in early trading on Thursday. The koruna touched a 2-week high of
17.0495 versus the dollar by 6:50 am ET, up 4.6 percent from last
week's fresh 3-week low of 17.8695 and 0.9 percent from Wednesday's
close of 17.208. The dollar-koruna pair is presently worth 17.07
and the next upside target for the domestic unit is likely to be
seen around the 17.00 level.
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