Free Trial

Early slippage to Pln4.2053.............>

EURO-POLISH
EURO-POLISH: Early slippage to Pln4.2053 encountered support ahead of the Nov23
low (Pln4.2046), rate was quick to pare losses, squeezed back above Pln4.2100
but with lack of follow through drifted. Traders have reported of strong demand
around the Pln4.2005/00 area, the level also holds support from the 76.4% fibo
of Pln4.1591-4.3324, with suggestion of stops on a break. Recovery efforts hold
shallow, Eur/Pln last Pln4.2065/70.

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.