Best forex brokers in Poland reviewed by BinaryTribune. Find out where to trade currency, stocks and commodities in Poland. The polish currency market is still under the pressure of the global sentiment. As you know the national currency — zloty — has recently shaped its exchange rate toward other currencies.
So far the zloty is strongly influenced by the euro zone and the developments going on in there. The main reason that is causing the influence is the fiscal crisis. During the second quarter of the last year the Polish currency got weakened. Then after a couple of months it strengthened its positions once again. As you can see there are lots of fluctuations going on, on the Polish foreign exchange market. All those foreign investors are hungry for some good news, but this is something that is not happening often these days.
Therefore, even the tiniest positive news trigger really strong market reactions. The latest evidence of this was the EU summit. Even though nothing significant was concluded there, it reflected the market in a euphoric way! The zloty strengthened against the euro with 0.
Those effects, however, will probably not last, or at least this is what dealers said. Probably new problems will occur on the Polish market. However, the liquidity is good and if you are more of a risk player, you might want to give it a try. Other good news is that Poland is clumping down forex loans.
You probably know that the forex loans were highly popular before the economic crisis. Below we will post some of the most popular and reliable online forex brokers that people in Poland are using;.
Sandra has a background in financial markets, having spent more than 9 years in commodities trading for several European and Asian companies. Founded in , Binary Tribune aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets — stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators.
Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors.
Where to Trade XM. Sandra Leggero Sandra has a background in financial markets, having spent more than 9 years in commodities trading for several European and Asian companies. BinaryTribune is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Quick Links Technical Analysis.More...