Buy custom Analysis of Exchange rate Trend (PLN - EUR)
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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2225 |
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Yet at this point in time the upward trend of the PLN versus EUR has stabilised and is about to take the plunge. What is the source of this change?
The 3-month trend
We enter December with a strong expectation of ECB increasing interest rates. On Nov. 30th the European Commission raised its GDP forecast to 0...
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What is the source of this change?
The 3-month trend
We enter December with a strong expectation of ECB increasing interest rates. On Nov. 30th the European Commission raised its GDP forecast to 0.6% in the first 2 quarters of 2007 from a figure of 0.5% from the last 2 quarters of 2006. Given these expectations for the upcoming months, one would expect the value of the EUR to increase...
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