January 06, 2025 09:11 GMT
PLN: Zloty Edges Higher, Poland Observes Holiday
PLN
EUR/PLN changes hands -45 pips at 4.2657 in holiday-thinned liquidity, with local markets shut for Epiphany. The rate trades with slight bearish bias but holds a familiar range, with the focus still on the psychologically significant 4.25 figure. EUR/PLN staged a few forays beyond that level in late December but failed to close below there. On the topside, bulls look for gains past the 20-EMA (4.2744) and towards the 4.30 figure.
- Poland's economic docket is very thin this week, with the NBP set to hold its first monetary policy meeting of 2025 only next week.
94 words