Polish Zloty Outlook: Danske Bank

Danske Bank notes as follows on Thursday....

• The zloty has rebounded from the relatively weak levels at the beginning of the year and we are looking for further appreciation in the near term. 
  
  
• The currency is supported by both a moderately more positive outlook for growth and the ECB's QE programme. 
  
  
• With yields and rates coming down across Europe, the zloty looks increasingly attractive from a carry  perspective.