News Headline Summary

Polish Base Rate Announcement (Jan 9) M/M 4.00% vs. Exp. 4.00% (Prev. 4.25%)

Reaction details (12:26)

- EUR/PLN moved 28pips lower as this cut was largely priced in by the markets.

Analysis details (12:40)

- This move was expected amongst players in the markets as the Polish GDP slowed sharply to 1.4% on year in the third quarter from 2.3% in the second.

09 Jan 2013 - 12:25 - Forex - Source: Newswires

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