Afternoon audio analysis 01.04.2015

An overlap of the fundamental and market factors supporting the zloty's strengthening cause a fast and probably constant appreciation of the domestic currency against the euro. The falls on the EUR/PLN may be stoppeed by the interval of 3.80 - 3.90.

Marcin Lipka, analyst

This audio analysis is not a recommendation within the meaning of Regulation of the Minister of Finance of 19 October 2005. It has been prepared for information purposes only and should not serve as a basis for making any investment decisions. Neither the author nor the publisher can be held liable for investment decisions made on the basis of information contained in this commentary. Copying or duplicating this report without the written permission from Sp. z o.o is prohibited.

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