USDCZK United States Dollar vs Czech Koruna

23.244

-0.064 (-0.27%)

Last Updated: 07:34:04

Delayed by 15 minutes

Name	Symbol	Market	Type
United States Dollar vs Czech Koruna	FX:USDCZK	Forex	Exchange Rate

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	-0.064	-0.27%	23.244	23.229	23.259	23.2617	23.2205	23.3045	0	07:34:04

Czech Koruna Climbs To 5-day High Against US Dollar

01/12/2009 1:09pm

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US Dollar vs CZK (FX:USDCZK)
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The Czech currency extended its Asian session gains against the US dollar in early trading on Tuesday after the report showed that the Czech PMI moved above 50 in November. The koruna climbed to a 5-day high of 17.2155 against the US dollar before moving on holding pattern around 4:00 am ET.

Czech Purchasing Manager Index rose to 50.6 in November from 49.8 in October, supported by increases in both production and new orders. A figure above 50 in the index indicates expansion.

The domestic currency has thus far appreciated by more than 3.6 percent against the greenback since last week's 24-day low of 17.8695. If the koruna ticks up further, it may challenge resistance near the 17.20 level. The greenback-koruna pair, which closed Monday's deals at 17.43, is presently quoted at 17.24.