The dollar continued to retreat on Thursday from a 1-1/2-month high against the euro hit on Tuesday after U.S. Treasury report showed April capital inflows were too small to cover the U.S. trade deficit for the same month. Net capital inflows fell to $46.7 billion in April from an upwardly revised $70.4 billion in March, undershooting analysts' expectations and coming in below the level of April trade deficit of $63.4 billion.
The Czech crown fell in late trade on Thursday, but still held in a near-term range of 28.200-28.400 to the euro. On one hand the currency was supported by the sharp recovery of Czech equities, with the main index PX gaining 7.3% on the day, but on the other hand the crown came under pressure after rating agency Standard
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