Forex – Czech Republic Flows: Tight sideways range, will take more to prompt rallies
Published at 10:32 (GMT) 16 Jan EUR/CZK trades in a tight sideways range this morning between 25.53-25.65, only just off from Fridays high of 25.68, despite the S&P mass eurozone downgrade, which saw France and Austria one notch lower from their AAA ratings. EUR/CZK has left the top end of the ranges that have held since the start of 2012 intact around 25.90/5 and we expect it would take much more to see the CZK sell off through 26.00. Global market sentiments remain fragile, and it seems
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