Free Trial

Zloty Regains Poise, Prints Multi-Month Highs

PLN

EUR/PLN breaches earlier session lows as it slides into negative territory to last trade -55 pips at PLN4.6151. Renewed sales allow the pair to print new 10-month lows at PLN4.6145, with bears setting their sights on the round figure of PLN4.60.

  • POLGBs remain softer across the curve, even as the longer-end has recovered somewhat. Local equity benchmark has added ~0.1% but is struggling to test yesterday's highs.
  • Poland's Finance Ministry said that it will offer PLN5-9bn of bonds at the April 21 auction.

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.