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Zloty Appreciates Ahead Of Poland's Core CPI

PLN

EUR/PLN is under pressure this morning, the latest downleg comes alongside a round of EUR/USD sales. The pair last operates at PLN4.6351, down 60 pips on the session, with key support coming at PLN4.6270, the low print of Dec 26. On the flip side, bulls initially set their sights on Apr 6 high of PLN4.6947.

  • POLGB yields have faded their initial upticks and last sit marginally around neutral levels. The WIG20 index refreshed its multi-week highs and remains afloat.
  • All eyes are on core CPI figures for March today. This week will see some more releases out of Poland, including wage & employment data on Friday.

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