MARKET TALK: PLN Gains After 4Q GDP Data -Dealer

The zloty gains after 4Q GDP data says dealer capitalising on good sentiment following Wednesday's European central bank liquidity providing operation LTRO. Poland's 4Q GDP rose 4.3% beating the 4.1% growth expected by the market. "Growth data suggest slowdown in Poland will be either smaller or will be delayed, helping the zloty," the dealer at a Warsaw bank says. "Following LTRO and this data we have a good sentiment on the zloty." However, scope for further strengthening is quickly running out, the dealer adds, expecting profit taking after EUR/PLN hits 4.10. EUR/PLN trades at 4.1164