12:06 PM · 16 August 2019

PLN leads recovery among EM currencies

After another tumultuous week market sentiment improves on Friday and that is felt especially across emerging markets where currencies were under selling pressure. CHFPLN dives by 0.9% and EURPLN by 0.8% as the Polish zloty leads gains across the EM space with ZAR and TRY also advancing. Improved sentiment serves oil prices too as OIL gains 1.5% today.

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