Polish zloty strengthens: EUR/PLN falls to ~4.31, dollar below 3.79 PLN

A weekend easing of geopolitical tensions in the Middle East improved market sentiment and caused a sharp drop in oil prices. As a result, the EUR/PLN rate fell to around 4.31 zloty, while the US dollar is priced below 3.79 zloty. The coming week is seen as potentially decisive for the direction of currency markets.