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Italy withdraws from its idea regarding the ECB debt forgiveness. The zloty performed reasonably well considering the hostile external environment. The EUR/PLN is beginning trading in a 4,27-4,28 range. This level may be seen as a base case scenario for the following hours.
See also:
Italy in the spotlight (Afternoon video analysis 16.05.2018)
The zloty's weakness (Morning video analysis 16.05.2018)
Furhter sentiment deterioration (Afternoon video analysis 15.05.2018)
Risk aversion on the rise (Morning video analysis 15.05.2018)