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10Y Yield Stabilizes Around 3.15%

POLAND
  • USDPLN has been trending higher in the past week, breaking above the 4.11 level this morning; next resistance to watch on the topside stands at 4.1530. On the downside, first support now stands at 4.10, followed by 4.08.
  • EURPLN has been consolidating higher in the past week, gradually approaching its 4.65 resistance; a break above that level would open the door for a move up to 4.69. On the downside, first support to watch stands at 4.62 (50DMA).
  • Poland 10Y yield has stabilized at around 3.15% this week after retracing higher in the end of last week; key support to watch on the downside stands at 3%. On the topside, first resistance stands at 3.31%.

Source: Bloomberg

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