The EURPLN is still in a weekly downtrend:
The CHFPLN looks alike:
Both currencies remain in a weekly downtrend. Latest rallies seem to be reversed already (subjective opinion), but there is no technical confirmation yet and currencies like to make surprises.
The European Central Bank is expected to cut interest rates again in May (here or here).
Sources:
[http://www.forbes.com/feeds/ap/2009/05/01/ap6366628.html]
[http://www.independent.ie/business/irish/tighter-bank-standards-put-pace-of-lending-growth-at-15year-low-1725679.html]
20090415
15 years ago
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