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Why MNI
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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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Free AccessPLN: Zloty Edges Higher Amid Light Domestic Docket
EUR/PLN last changes hands -42 pips at 4.3098, with bears looking for a move towards 4.2791, the 76.4% retracement of the May 28 - Jun 14 rally. On the flip side, bulls see 4.3360, the Jun 21 high, as their initial target. A break here would open up 4.3826, the Jun 14 high.
- The local economic docket is virtually empty. The focus turns to flash CPI data for June, due tomorrow morning, and the NBP's rate decision, due next Wednesday. Communications from Polish central bankers have consistently amounted to a message that stable interest rates represent the most probable scenario for this year.
- POLGB yields are marginally mixed after erasing initial upswings. The WIG20 Index has ticked higher but is yet to test yesterday's highs and cyclical highs printed in mid-May.
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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.