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Bull Flattener Loses Steam; EUR/PLN Rangebound Ahead of ECB

POLAND
  • Local rates slow the bear flattening trend after a mid-session push higher yesterday, but remain within the current downtrend.
  • 5Y holding below key Res at 0.35, 10Y reading around 1.169.
  • EUR/PLN remains rangebound between 4.5302 - 4.5368 as choppy trading persists.
  • Focus today of a raft of data at 0900GMT and the ECB which is broadly expected to be a non-event, given the amount of new policy guidance at the prior meeting.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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