Today
+0.03%
1 Week
-0.18%
1 Month
+0.27%
6 Months
+0.38%
Year to Date
-1.55%
1 Year
-7.26%
Opening Price
4.2722Previous Closing Price
4.2732The configuration is negative.
the upside breakout of 4.2735, would call for 4.2804 and 4.2845.
the downside prevails as long as 4.2735 is resistance.
There should be no surprises from the Polish central bank (NBP) today.
The only event on the CEE calendar today is the National Bank of Poland (NBP) meeting.
The zloty weakened against the euro and against other CE3 peers yesterday after Poland’s controversial Constitutional Court ruled that NBP governor Adam Glapinski could not be brought before a parliamentary committee, nor State Tribunal, nor assessed in a report by such bodies because that would go against constitutional guarantees of central bank independence.
The quiet day in the region yesterday was disrupted at the end of the day by headlines from an interview with the Governor of the National Bank of Poland (NBP) after the non-monetary decision meeting.
CE3 high-beta currencies usually outperform the Euro (EUR) (versus the US Dollar (USD)), which means that they strengthen against the Euro, Commerzbank’s FX strategist Tatha Ghose notes.