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PLN, HUF and RON: A week to catch a breather

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Polish Zloty (EUR/PLN) – Interest rates unchanged at 1.5% After weeks of steady appreciation, the Zloty market had give up some gains. To many, the strengthening of the Polish currency was surprising and still expect depreciation. HSBC, the global bank, released a note in which it stated the Zloty could lose value due to the expansive attitude towards monetary policy of the MPC. The bank also noted the possible negative implications of the planned conversion of CHF-denominated mortgages to

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