EUR/PLN: Stable for now, decline expected in 2023 – ING EURPLN Poland Banks
Economists at ING expect the EUR/PLN to trade sideways throughout the rest of the year. In 2023, however, the pair should start to move downward.“In the remainder of 2022, we expect EUR/PLN to remain in a broad horizontal trend. During the holiday period, investors betting against the zloty took notable stop-losses on low liquidity. Hence, now they should be less inclined to take long EUR/PLN or USD/PLN positions.” in Poland, while some key central banks gear towards easing.
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