Currency Commentary- Market Lives Along With Politics

Looking at the current political situation through the prism of the currency market, it is fair to say that the euro zone may be...

Currency commentary – PLN Weaker Before Decisions of the ECB

The highlight of the day is unquestionably the ECB meeting. A year ago, the European Central Bank caused strengthening of the euro, not satisfying...

EURPLN – rebound from important resistance, falls targeting 4.1000

Confusion after polish election in Poland led to depreciation of the Polish currency. EURPLN reached strong resistance at 4.3000 level. Rebound from that level occurred...

Ichimoku Kinko Hyo – EURPLN, GBPPLN, USDPLN – November 5th

EURPLN Correction of bullish trend on EURPLN for now stays in support at 4.2353-4.2236 area created by Senkou Span B and (5/8)P line. If there...

The Decline Of The Polish GDP To 2.5%. EUR/PLN Above 4.40

It should not look like this. In the beginning of the year estimate of economic growth at 3.5% was considered pessimistic. After a weak...

Eurozone Trade Balance Grows Again. Analysis Of EUR/PLN

About 11:00 we met the last release before the festival of macroeconomic US data (start 14:30). It concerned the balance of trade in the...

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