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Polish zloty

Zloty rallies to 4-year high

Zloty rallies to 4-year high

WARSAW: The Polish zloty hit its highest level in four years on Monday, continuing a rally as interest rates in...
Published 11 Mar, 2024 03:04pm
FX firms as global mood brightens
Markets

FX firms as global mood brightens

  • The Polish zloty was 0.54% firmer against the euro at 4.5516, the Czech crown had strengthened 0.09% to 25.8210, while the Hungarian forint was 0.13% stronger at 358.70.
  • "Over the next few days, the yields of 2-year bonds should remain around 0.05%, while the yields of 10-year bonds should remain close to 1.60%," PKO BP analysts said in a note.
Published 08 Apr, 2021 05:43pm
Zloty brushes off virus worries to lead FX gains
Markets

Zloty brushes off virus worries to lead FX gains

  • This is ahead of holidays -- the zloty was underperforming earlier, now it's outperforming... it seems like the main reason is probably the market was long, squaring positions ahead of the Easter holidays.
  • The zloty was 0.17% firmer against the euro at 4.624. The Czech crown was 0.12% firmer at 26.08 and the Hungarian forint was little changed at 362.10.
Published 01 Apr, 2021 05:05pm
Polish zloty eases on surging COVID-19 cases, stocks mixed
Markets

Polish zloty eases on surging COVID-19 cases, stocks mixed

  • "We think that the (bank's) view has remained relatively unchanged and that it will continue to look for an opportunity to start normalising its monetary policy," Morgan Stanley said.
  • "We maintain our view that the MPC will start seeing higher chances of a rate hike only in 3Q21."
Published 25 Mar, 2021 05:30pm