CHF/PLN may find a near term support.
It has to be said, that 2017 was a very good year for the Polish Zloty. One reason is the strong global risk sentiment but
strong Polish economic numbers and the change in government has also played a role.
Regardless of how you feel about the Emerging-market currencies and CHF/PLN in particular, one could argue that they are getting close to a bounce. It may not be the ultimate low, but I think value players will be looking soon at these currencies.
Disclaimer: I have no CHF/PLN position, but may initiate one in the coming days.
strong Polish economic numbers and the change in government has also played a role.
Regardless of how you feel about the Emerging-market currencies and CHF/PLN in particular, one could argue that they are getting close to a bounce. It may not be the ultimate low, but I think value players will be looking soon at these currencies.
Disclaimer: I have no CHF/PLN position, but may initiate one in the coming days.
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