Czech Koruna: Sideways against Euro as CNB holds rates

Czech Koruna: Sideways against Euro as CNB holds rates – Commerzbank

Published Aug 06, 2026 7:43 AM Last refreshed Aug 06, 2026 8:00 AM Source: EODHD Event Time: Aug 06, 2026 7:43 AM

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Czech Koruna: Sideways against Euro as CNB holds rates – Commerzbank

Source: EODHD - https://www.fxstreet.com/news/czech-koruna-sideways-against-euro-as-cnb-holds-rates-commerzbank-202608061143
Published: Aug 06, 2026 7:43 AM

Commerzbank’s Tatha Ghose expects the Czech National Bank (CNB) to keep its policy rate at 3.75%, framing June’s hike as fine-tuning rather than a new cycle. With headline and core inflation still within target, CNB can wait but must avoid sounding dovish.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.