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PLN, HUF and RON: Recession coming up?

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Polish Zloty (EUR/PLN) – volatile market Tough times came for the Zloty. It is now not only what the government is doing, but also the fear of global recession that is affecting emerging market currencies. The main event of the week was Janet Yellen’s testimony in front of the Banking Committee in Congress. Her statements were not as optimistic as one might have expected. Sure, the U.S labor market seems in strong shape but at the same time macro data publications from the beginning of

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