USA-China Tensions Transform Global Market

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

Tag: Maciej Przygórzewski

Capital Flight Weakens Zloty, Bitcoin Stumbles, Pound Surprises Despite Weak Data

The flight of capital across the ocean has led to a weakening of the local currency. This shift was accompanied by a noticeable depreciation...

Mixed European Data, Strong US Confidence Boost Dollar

Yesterday's data package from Europe shows that the absence of negative surprises is mainly due to low expectations. However, across the ocean, the results...

Core inflation in Poland is declining slower than expected. Bitcoin rebounds

Despite recent successes measured by consumer inflation, there are still some warning signs in Poland. One of them is core inflation, which is currently...

Inflation Data and Economic Sentiment Shifts

Yesterday, we received the final inflation readings, which went almost unnoticed. However, a lot happened after the very good reading of the business sentiment...

Polish Zloty Strengthens

Until recently, we were wondering whether the dollar would reach the level of 4 PLN. Today, we are almost 4 groszy below that level....

Inflation surprises! Has the NBP overdone it with monetary tightening?

Today's inflation reading can be best summarized with one word - surprise. The central bank's policy of keeping interest rates high is effectively stifling...

Złoty Up on Retail Sales, Dollar Gains on Global Cues, Surprise in Turkey

Yesterday's macroeconomic data from both sides of the ocean supported the dollar. Data from Poland helped the złoty. Meanwhile, Turkey, by raising interest rates...

Japan Hikes Rates, US on Hold

After more than 8 years, the Japanese have finally reached a situation where they are abandoning the policy of negative interest rates. At a...

Dollar gains strength. Base inflation in Poland disappoints

After consumer inflation took a nosedive, it turns out that the base inflation rate is by no means falling. European data did not surprise....

Inflation in Poland 2.8%

On Friday, we had a big surprise when it came to the level of price increases. We have an unexpected slower growth. In Europe,...

Oil Up, Europe Slows, Pound Steady

Maciej Przygórzewski, the main currency analyst at Currency One, the operator of InternetowyKantor.pl and Walutomat Crude oil is increasing once again following a drop in...

NBP Projection Shakes the Market

Yesterday was dictated by the new projections of inflation and GDP growth. Inflation in the Czech Republic has met its target for yet another...

Dollar weakens, bitcoin rises

The latest batch of data from the United States has not had a beneficial impact on the USD. Given that unemployment has risen by...

Interest rates unchanged: RPP and Canada Hold Steady, US Job Market Shows Potential Weakness

Yesterday's decision on interest rates did not surprise the markets. The ADP report may suggest potential sluggishness in the local job market. Canada, like...
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