Polish politics remains in focus
MNB likely cuts rates to another all time low
On Monday, the Polish zloty wiped out part of its last week´s losses caused by political tensions and speculations about early elections brought about by leaked conversation of the Polish Minister of Interior with the NBP Governor. Nonetheless, although the zloty regained ground yesterday, political uncertainty in the country is not over by a long shot as more clandestinely made recordings may appear soon. We expect therefore that the zloty remains under pressure in the near future.
Read the full report: FX Daily