Afternoon video analysis 12.10.2017

Lower than expected jobless claims and PPI core inflation being significantly above the consensus pushed the dollar higher and the EUR/USD below 1.1850. The zloty negatively reacted to surprising US data with the EUR/PLN rising to 4.28.

This video 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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