Free Trial

10Y Yield Approaching Key Resistance at 4%

POLAND
  • USDPLN ticks higher this morning after finding support at 4.0250 yesterday; ST support to watch on the downside stands at 4. On the topside, resistance to watch stands at 4.0730 (50DMA).
  • EURPLN has been consolidating higher in the past two days, rising back above its 200DMA (4.5710); next resistance to watch on the topside stands at 4.6015 (100DMA). On the downside, support to watch below 4.5710 stands at 4.55.
  • Poland 10Y yield has been retracing sharply higher in recent weeks amid growing inflation concerns; key resistance to watch on the topside stands at 4%. On the downside, first support stands at 3.75%, followed by 3.50%.

Source: Blomberg/MNI

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.