The US dollar bull ends here. From now on emerging market currencies will rise, especially Polish Zloty.
Poland is experiencing quite robust growth despite deflation and starting to have ongoing positive trade balance. The country is one of the biggest producer of copper and silver in the world and have fairly sound banking sector. Polish Zloty should be one of the strongest currency in the coming emerging markets and commodities bull.
USDPLN should drop in coming years down to 2.10.
Poland is experiencing quite robust growth despite deflation and starting to have ongoing positive trade balance. The country is one of the biggest producer of copper and silver in the world and have fairly sound banking sector. Polish Zloty should be one of the strongest currency in the coming emerging markets and commodities bull.
USDPLN should drop in coming years down to 2.10.