MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Zloty Extends Gains Toward Pre-September NBP Levels

PLN

The Polish zloty is among the top performing currencies in the EMEA region, and is second to only the South African rand. EURPLN is down 0.45% at typing, continuing to eat into the significant rally following the initial surprise rate cut in September. The pair is now ~200pips off pivot support around 4.50, which closely coincides with levels seen prior to the Sep 06 decision.

  • Separately, USDPLN has pierced the 50-day EMA at 4.2555, with the pair recording a notable 4.3% pullback from the early October highs over the past six sessions.
  • Local headline flow has been limited today though EURPLN 1W implied volatility has spiked to 12.8%, as the time frame now encapsulates the parliamentary elections on Sunday.
  • Looking ahead, final September CPI readings are the highlight on the local docket on Friday, though market participants will be eyeing the US inflation print tomorrow.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

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.