The Polish zloty weakened today as negative fundamentals, including slowing inflation, spurred speculations that the central bank will cut interest rates yet again.

The National Bank of Poland cut interest rates earlier this week, surprising Forex market participants. The Polish zloty remained strong even after the unfavorable policy decision.

The Polish zloty rose today as fears of the financial crisis in Cyprus abated after country’s banks reopened today. The currency may yet be damaged by the unfavorable domestic fundamentals.

The Polish zloty gained today on the optimism about the bailout deal for Cyprus. Gains were contained by concerns that the rescue package will not be enough to resolve all the problems.

The Polish zloty gained today, erasing previous losses. The earlier drop was caused by worries that unfavorable fundamentals will lead to another interest rate cut.

The Polish zloty dropped today as the Polish central bank cut interest rate more than was expected, reducing attractiveness of the currency. Yet not all specialists were bearish on the zloty.

The Polish zloty went down today on speculations that a report this week may show that inflation slowed last month for the fourth consecutive month, giving the central bank incentive to lower interest rates.

The Polish zloty managed to appreciate today even after Poland’s central bank slashed its key reference rate amid the economic slowdown and hinted that further rate cuts are possible.

The Polish zloty fell today amid talks that Greece may fail to convince Germany to allow the next tranche of bailout, damping risk appetite among Forex market participants and reducing demand for currencies of European nation.

The Polish zloty erased its earlier losses today after a report showed that retail sales in Poland increase more than was predicted, reinforcing optimistic outlook for the nation’s economy.