Furhter sentiment deterioration (Afternoon video analysis 15.05.2018)

Significant dollar appreciation combined with higher oil prices and lower opening on the US equities are increasing pressure on the EM FX. The zloty is markedly lower with the dollar approaching YTD highs around 3.62-3.63 PLN.

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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