The Czech koruna trades little changed against the euro, with EUR/CZK at 25.547-25.603, from 24.59 late Wednesday. Traders say the koruna continues to hold on to its gains from earlier this week despite its move sideways Thursday. CZK is likely to hang to its current levels for the rest of the day, the traders note, adding that some investors may also keep to the sidelines ahead of the June 28 rate-setting meeting by the Czech central bank. The bank may call for a 25bp cut of its already record-low base rate of 0.75%, according to some analysts.
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