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EUR/PLN points to rangebound in the short-term – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Jakob Christensen, Head of EM Research at Danske Bank, expects the Polish Zloty to trade in a consolidative fashion in the next 1-3 months.

    Key Quotes

    “We expect EUR/PLN to range trade around 4.30 in 1M-3M”.

    “On 6M and 12M horizons we expect the PLN to strengthen to 4.22 and 4.15, respectively, as we believe strong economic fundamentals will continue to support the PLN and as political uncertainty dissipates and the global environment improves”.
    For more information, read our latest forex news.

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