- Analytics
- News and Tools
- Market News
- EUR/PLN to advance nicely towards 4.70 over coming months – Danske Bank
EUR/PLN to advance nicely towards 4.70 over coming months – Danske Bank
Despite the ongoing war in Ukraine, the Polish zloty strengthened against the euro. However, economists at Danske Bank expect EUR/PLN to edge higher and forecast the pair at 4.70 in six months.
EUR/PLN to move higher as the war in Ukraine will linger on
“We are still expecting EUR/PLN to move higher as the war in Ukraine will linger on, the slowdown in the global economy from the central bank tightening by notably the Fed and the headwinds it will create for the Polish economy, which will temper the rate hike commitment of the central bank.”
“Our path for EUR/PLN is 4.68 in 1M, 4.68 in 3M, 4.70 in 6M and 4.74 in 12M.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
