Tag Archives: PLN/CZK
Trade idea: short PLN/CZK
Market yesterday (including myself) were looking for a cut from Polish cb. As they did nothing, pln rallied sharply.
Intervention risk on the rise and how to play it
Polish CPI and current account balance will be released today at 13:00. Inflation is expected to accelerate to 4.5% y/y in Nov. from 4.3%. Meanwhile, the current account balance should post another large deficit of EUR1.9bn in October.