Gold Price Climbs Over 1% as Dollar Weakens, Fed Rate Debate and Iran Tensions Remain in Focus 
Deutsche Bank Sees Global Capital Shifts Reshaping Long-Term U.S. Dollar Outlook 
US-Iran Strikes Escalate as Strait of Hormuz Crisis Pushes Oil Prices Higher 
Asia Stocks Slip as Iran-Hormuz Tensions Lift Oil Prices, Dollar and Bond Yields 
Asian Currencies Weaken as Stronger Dollar Weighs, Yen Supported by GPIF Repatriation Hopes 
BOJ May Raise Japan Growth Forecast While Keeping Focus on Inflation Risks 
Japan Eyes Bigger GPIF Investment in Domestic Assets as BOJ Independence Concerns Grow 
The EUR/PLN currency pair is expected to witness further downside risks over the near-term, driven by concerns about accelerating inflation and possible rate hikes next year, according to the latest report from Commerzbank.
The zloty strengthened against peers such as the forint following the publication of strong labor market data yesterday. While headline wage growth rate came in slightly softer-than-expected and indeed, underlying momentum of seasonally-adjusted month-on-month increases also slightly softened in September -- the data still showed a near 6.5 percent annualized wage growth rate currently.
"Given that job numbers are also robust, an argument can be made that domestic inflation cannot remain at current low levels for much longer. We, however, think that the story of inflation will turn out to be more multi-dimensional and complex than this," the report said.
Meanwhile, FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
