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Today we have seen that the common currency broke 1.37 level, stopping only in the vicinity of a local minimum of 20 December 1.3625 .
We have seen also big pressure on CHF which has lost to all majors and about 90 pips agains USD. Probably the reason of USD power ware better then expected readings from US especially GDP and Chicago PMI which rose above 60.
The weakening of the euro and weaker -than-expected PMI reading morning for Polish industry also created pressure on Polish currency .
EURPLN growing above last week's maximum referred to the situation last year , when after a good December early January brought the weakening of the Polish currency .
We have seen also big pressure on CHF which has lost to all majors and about 90 pips agains USD. Probably the reason of USD power ware better then expected readings from US especially GDP and Chicago PMI which rose above 60.
The weakening of the euro and weaker -than-expected PMI reading morning for Polish industry also created pressure on Polish currency .
EURPLN growing above last week's maximum referred to the situation last year , when after a good December early January brought the weakening of the Polish currency .
