The author of the article is Paul Kaczmarek
The last weeks were very friendly golden. At the beginning of the year, thanks to the unexpected growth of GDP in the last quarter gold has strengthened considerably. There remains the question what next? Do you already will continue - not quite ...In the case of USD / PLN greatest dollar value in the new year was observed for a dollar 07/01/2012 and you had to pay almost 3.54 zł. Who would have thought that after three weeks until golden strengthened by about 30 cents. Currently, the dollar will cost 3.25 zł.Helped strengthen the zloty against the dollar to the euro, which in relation to our currency also has had "failed" in the form of inheritance. EUR / PLN is currently in a similar situation and this refers to the decrease in the limit 22 cents in the last three weeks. At the moment, you can buy one euro for about 4.26 zł. Question what's next? Because attempts to rebound the trend should make use of technical analysis (technical analysis), but this is not a good sign. This may suggest a more serious reflection and reversal of the current situation within a few days.A similar situation can be seen on the currency pairs such as CHF / PLN, or GBP / PLN.You pay one Swiss franc 3.53 zł, and 5.09 per pound zł.Today's economic data will not have many changes, but they favor the slight strengthening of the dollar, which can also adversely affect the gold. Following the publication of macroeconomic data tomorrow investors will find out in which direction they will go further quotation EUR / USD.*This comment did not constitute a recommendation within the meaning of the Minister of Finance dated 19 October 2005 on information constituting recommendations concerning financial instruments or their issuers exhibitors (OJ No 206 of 2005, pos. 1715).---Paul KaczmarekCapital Market mBrokers.plAn article from the site www.Artelis.pl
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