{
  "id": 12613160,
  "title": "Polish Zloty: Downtrend eyes 4.48 on firm support – Societe Generale",
  "url": "https://urgent.news/2026/10/07/polish-zloty-downtrend-eyes-4-48-on-firm-support-societe-generale",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T11:11:35.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/polish-zloty-downtrend-eyes-448-on-firm-support-societe-generale-202610071111"
  },
  "original_language": "en",
  "account": "Societe Generale's Central and Eastern European team anticipates the National Bank of Poland to maintain rates at 3.75% today, with Governor Glapiński anticipated to highlight inflation risks and signal potential November hikes. The hawkish stance may offer some Polish Zloty (PLN) support, but the pair is projected to stay above 4.35 due to geopolitical and external risks. EUR/PLN has climbed toward the 4.40/4.41 resistance level. While no signs of a deep pullback are evident, the August peak of 4.34 could act as a vital support level, with a break below indicating a possible deeper decline. A surge above 4.40/4.41 might initiate a larger uptrend toward 4.45 and 4.48. In the CEE region, the NBP is expected to remain steady at 3.75% this afternoon. Inflation has surpassed the upper band of the NBP tolerance band at 4% in September, but today's meeting could pave the way for tighter monetary policy. Tomorrow, Governor Glapiński is expected to express growing apprehension over inflation risks and prepare markets for a potential November hike.",
  "summary": "Societe Generale’s Central and Eastern European (CEE) strategy team expects the National Bank of Poland (NBP) to keep rates at 3.75% today, with Governor Glapiński likely to flag inflation risks and prepare markets for a November hike. They see a hawkish stance offering some Polish Zloty (PLN) support but still expect EUR/PLN to trade above 4.35 given geopolitical and external risks, after the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Polish Zloty: NBP cautious as inflation overshoots – Commerzbank",
        "url": "https://urgent.news/2026/10/07/polish-zloty-nbp-cautious-as-inflation-overshoots-commerzbank",
        "published": "2026-10-07T09:05:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}