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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
- Momentum on PLN has been strong this week following Glapinski comments yesterday and the fall in political uncertainty.
- NBP Governor commented yesterday that the central bank welcomes stronger zloty (against Euro).
- In attempt to ease the tensions with Brussels, President Duda will propose a bill to the parliament that includes changes to the Disciplinary Chamber of the Supreme Court.
- In addition, Poland PM Morawiecki signed a deal today with Czech counterpart PM Fiala to end the on-going dispute on Turow mine.
- USDPLN broke below psychological support at 4 and is currently testing its LT upward trending support line.
- Next support to watch on the downside stands at 3.9430, followed by 3.9160 (200DMA).
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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