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US dollar still falling... Change in Poland? [37]
The Zloty will not stay as high, in my opinion against most other currencies.
I hope so ;)
Once the world recession hits I suspect the Polish economy will be hit very hard as its very dependent on overseas investors.
It will be hit ... I don't think that harder than economies build on mortgages ...
we will see what will happen. I consider Polands situation as good in comparison to some countries.
I remember when I was telling here half year ago (or even more) about EUR/USD and opening positions ... and about crisis in USA ... :P
we will see.
as to Dollar trend look here:
stooq.com/q/?s=usdpln&c=5y&t=l&a=ln&b=1
as to Euro trend:
stooq.com/q/?s=eurpln&d=20080411
as to Pound trend:
stooq.com/q/?s=gbppln&d=20080411
all currencies related to Zloty
I think it is bad for our export ... so I hope we are going to see the end of this trends I doubt that it is going to happen tomorow ;)