“EUR/PLN Skyrockets Towards 4.75, Commerzbank Predicts Huge Gains!”
Economists at Commerzbank have recently revised their EUR/PLN forecast path, albeit only slightly lower. They predict that the Euro will remain strong through 2023 but weaken once again during 2024. With the Zloty’s high-beta relationship to the Euro, they see the EUR/PLN rising towards 4.75 as inflation in Poland will likely remain stubbornly above target. […]