Annoying Polish zloty. Forecast as of 12.01.2021

The strengthening of the US dollar made some investors doubt the bright future of developing countries' currencies, including the Polish zloty. USDPLN has started to rise, but is the growth temporary? Let us discuss the Forex outlook and make up a USDPLN trading plan.

Fundamental zloty forecast for six months

What is worse for a developing country's currency: rising US Treasury yields or its own central bank's dissatisfaction with currency's excessively high rate? The zloty, which successfully started 2021, took a few steps back and lost all gains amid a rapid rally in the rates of the American debt market and the National… Read full author’s opinion and review in blog of #LiteForex