Central European Daily

CZK and PLN jittery ahead of CB meetings
Polish PMI returns above 50 points
While the forint was barely changed on Friday, the koruna and the zloty were under a modest pressure and fell against the euro. We think the upcoming meetings of the central banks in Poland and the Czech Republic may play a role – in both cases, policymakers will have new forecasts at their disposal and the overall impression will likely be pessimistic (in comparison with the previous outlook), mainly due to the deterioration in external environment.

Read the full report: FX Daily