Free Trial

Having printed 18-month highs of........>

EURO-POLISH
EURO-POLISH: Having printed 18-month highs of Pln4.4142 on Monday, PLN looked
set to register its fourth successive session of gains in early Europe. Rate
touched pullback lows of Pln4.3474, but with lack of follow through quickly
faded the move. Near-term resistance is seen at Pln4.3808/09 (50% retracement of
Pln4.4142-4.3474/Hourly low Jul5 now res). On the downside, a break of the
intraday low opens Pln4.3357 (50% retracement of Pln4.2571-4.4142). US NFP the
main highlight at 1230GMT. EURPLN last Pln4.3661. 

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.