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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
- USDPLN continues to reach new highs despite broad Dollar weakness in today’s trading session; the pair is gradually approaching its ST resistance at 4.1260 after breaking at the 4.10 level this week.
- A break above 4.1260 would open the door for a move up to 4.1530 (Nov 30 high).
- Geopolitical risks amid Russia-related tensions have left CEE currencies vulnerable in the past two weeks, particularly PLN.
- PLN is the second weakest performing currency among the EM world (after ZAR), down over 3% against the USD this week.
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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