| EUR/CZK trades lower at 26.863-26.913 from a high of above 27.60 earlier Tuesday as it begins to look increasingly likely the government will survive today's no-confidence vote, says Patria Finance forex trader Oldrich Myslivec. Several MPs who cast swing votes have said they'll vote in favor of Prime Minister Mirek Topolanek's government. "So now we're seeing investors close short, speculative positions," the trader says, adding that EUR/CZK to test 26.85 later today. |
Tuesday, March 24, 2009
EUR/CZK trades lower
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