After another tumultuous week market sentiment improves on Friday and that is felt especially across emerging markets where currencies were under selling pressure. CHFPLN dives by 0.9% and EURPLN by 0.8% as the Polish zloty leads gains across the EM space with ZAR and TRY also advancing. Improved sentiment serves oil prices too as OIL gains 1.5% today.
PLN leads recovery among EM currencies
Aug 16, 2019