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via fxstreet.comMarkets

CEE FX: Dovish stance keeps Zloty and Leu under pressure

FROM THE WIRE · FXSTREET.COM

ING’s Frantisek Taborsky highlights pressure on the Polish Zloty and Romanian Leu. With the National Bank of Poland holding rates at 3.75%, a dovish policy message could push EUR/PLN towards 4.380–4.400.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishNational Bank of Poland holds rates steady with dovish tone, weakening the Zloty.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01National Bank of Poland holds rates at 3.75% with dovish message.
  2. 02ING expects EUR/PLN pressure towards 4.380–4.400.
  3. 03Romanian Leu also under pressure from similar monetary policy considerations.

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