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PLN, HUF and RON weekly snapshot – getting higher?

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Polish Zloty (EUR/PLN) – interest rates unchanged at 1.5% It seemed that the Zloty will be regaining value after a period of depreciation. Well, reality was different. Worse than expected macro data from the US forced analysts to think that the Fed might not be tightening its monetary policy so soon as they were expecting. The USD lost some ground against the Euro and such depreciation had its effect on global markets. In Poland, the major issue (still) remains the possibility of rating

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