Sunday, January 5, 2025

USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Tag: Bank of England

Central Bank Rollercoaster: Rate Hikes, Cuts, and Surprises Shake Up Currencies

The past week brought several surprises from central banks. The biggest surprise was served by the SNB, cutting rates now, which the market didn't...

SNB surprises markets with interest rate cuts. Swiss Franc and Pound Sterling under pressure

The Swiss National Bank (SNB) has become the first central bank among the G10 countries to lower interest rates. The markets were taken by...

Polish Zloty surges to multi-year high

The Polish Zloty reached its highest levels against the reference Euro on Monday morning since February 2020. Among factors favorable for the Polish currency...

ECB Holds Steady on Rates

The European Central Bank (EBC) has left interest rates at their current level. The EBC has maintained these high rates for several months now....

Volatility in the currency market may return

The last two weeks have seen unprecedented calm on the foreign exchange markets. The release of macroeconomic data from the world's largest economies and...

ZÅ‚oty Shines While Major Currencies Stay Flat, Data-Driven Week Ahead

Last week was exceptionally poor in macro readings and news about monetary policy, and most major currencies stayed within very narrow ranges. Despite this,...

Inflation fears return in the USA: strong dollar, stable złoty

The January inflation report from the United States contained everything the Federal Reserve did not want to see. Both the main and core measures...

Dollar Strengthens on US Power, PLN Appreciates Despite Weak GDP, EUR Waits for Rate Cuts

The start of 2024 on the currency markets was dominated by the power of the American economy, which is pushing the markets to delay...

Poland is poised to be the European growth leader in 2024, with a GDP growth forecast of 3.7%

GDP will increase by 3.7% in 2024. In 2025 and 2026 it will fluctuate around 3% Inflation will hit the 2.5% NBP (National...

US labor market data, crucial for Fed decision, expected to show further cooling

The first Friday of the month indicates that the market will receive data on the situation in the American labor market. It is undoubtedly...

USD climbs on strong US data, euro weakness

The European Central Bank did not close any escape routes last week. The upcoming days will reveal whether the remaining major central banks -...

NBP Gold Reserves Growth Paused

For several months last year, we were excited about the periodic gold purchases by the National Bank of Poland (NBP). Purchases that began in...

Polish Zloty Rebounds Amidst EU Fund Payment Optimism

Although the Polish currency spent most of the week on the ropes, it strengthened dramatically toward the end, finishing the week higher. While a...

Fed rate cut in March increasingly unlikely

The Foreign Exchange markets, just like other financial markets, took a 180-degree turn at the start of 2024. Risk assets and commodities are losing...
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