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Zloty Recoups Losses As CE3 Currencies Gain

PLN

EUR/PLN has reversed its earlier gains (intraday peak at PLN4.6947) as CE3 currencies now sit at the top of the EMEA scoreboard. The rate sits -20 pips at PLN4.6845 as we type, with the NBP press conference set to begin at the top of the hour.

  • POLGBs have trimmed earlier gains but still sit 1.6-6.5bp lower across the curve. The WIG20 Index operates near neutral levels, with WIG Banking Index trading ~0.5% higher ahead of the NBP presser.

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