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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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Free AccessZloty Extends Losses, Gov't Bond Yields Advance
EUR/PLN keeps moving higher, broadly in line with EUR/USD. The rate has crossed above PLN4.7000 and tested its 200-DMA at PLN4.7120. A break above that level would allow bulls to take aim at Nov 22 high of PLN4.7177.
- USD/PLN last trades +344 pips at PLN4.4747, having bounced off its worst levels in almost half a year printed today at PLN4.4132. Bulls look to force their way through the 200-DMA (PLN4.5545), which would expose Nov 16 high of PLN4.6252.
- Local-currency bond yields have advanced and last sit 19.0-28.9bp higher across the steepened curve. Hungary/Poland 10-in year yield differential has tightened, while Poland/Germany spread is wider, as the increase in Polish yields outpaces key peers.
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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.