USD/CZK
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This pair represents the US Dollar - Czech Republic Koruna pair. The Czech economy is dominated by services (roughly 60% of GDP) and conducts the bulk of its trade with the European Union (especially Germany) - and mostly exports machinery and transport goods to them. Therefore, the Koruna is exposed to European industrial production growth. In contrast, the US dollar is the world's top reserve currency, lending a distinct US-European relationship to this currency.