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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.
CEE FX
- PLNJPY rejected its 28.50 resistance in today’s trading session after rebounding sharply in the past two weeks (28.50 corresponds to the 76.4% Fibo retracement of the 24.93 – 29.60 range).
- PLNJPY is up nearly 15% from its low of 27.9330 reached on March 7, mainly driven by the ‘slight improvements’ in the Russia/Ukraine conflict and the recent JPY weakness.
- Next resistance to watch above 28.50 stands at 28.8640, followed by 29 psychological level.
- On the downside, ST support stands at 28.0710, followed by 28.
Source: Bloomberg
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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