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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.
POLAND
- Polish equities have been retracing higher this week amid PLN strength (and USD weakness) after consolidating lower this month due to rising uncertainty over the economic outlook.
- WIG20 Index found support slightly above the 2,103.50 on Monday, which corresponds to the 38.2% Fibo retracement of the 1,496.80 – 2,478.60.
- The index broke above its 200DMA resistance in today’s trading session (a level that it broke on Friday to the downside following the discovery of the new variant).
- Resistance to watch on the topside stands at 2,246.80 (23.6% Fibo), followed by 2,275.70.
Source: Bloomberg/MNI
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.
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