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PMI and possible "forward guidance" at FED directs EUR/USD (commentary for Onet.pl)

Author: biznes.onet.pl
WWW: http://biznes.onet.pl/bernanke-do-znudzenia
Published: 22.07.2013

Good data from Europe supported the positive sentiment towards EUR/USD. Moreover, a possible revision of the future Federal Reserve monetary policy should induce further pressure upon dollar in the next few days. The Polish zloty had profitted on good market atmosphere and reached the level of €4,20.

Marcin Lipka, Cinkciarz.pl analyst

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