EUR/PLN to see a move above the 4.72 level – ING Poland EURPLN InterestRate Banks
“After last week's surprisingly low inflation, it is hard to expect any outcome other than stable interest rates. Although we think the peak in inflation is still ahead and inflation will slow only very gradually next year, the prospect of a weak economic performance will prevail at the MPC and we expect the same story next year.
heading lower, this is not good news for FX. EUR/PLN is thus vulnerable, especially to the upside and we could see a move above the 4.720 level which was already tested on Monday.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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