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PLN, HUF and RON: PLN and RON stable, HUF slightly more volatile

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Polish Zloty (EUR/PLN) – Zloty strongest since December of 2015 The first quarter has ended so we risk a short summary of what has happened on the Zloty market during this time. In January, the market skyrocketed to reach 4.50 as traders realized the government plans to introduce their promises (bank tax, 500 Zlotys for each child and so on…) made during the campaign. The danger (which will turn into reality) is that the budget deficit will increase. In the following months the market calmed

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