USA-China Tensions Transform Global Market

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

Tag: Michał Jóźwiak

The FOMC meeting will be a tough test of Chairman Jerome Powell’s skills

PMI indicators are the best leading data for European economies, and their publication last week paints a picture of rapidly improving growth prospects, especially...

Volatility in the złoty is at its highest since October

Last week did not see significant movements in the major currencies, although the Polish złoty experienced its strongest changes in nearly half a year....

One central bank is buying gold regardless of the price. What are the Chinese planning?

Among central banks, there is one player that seems to buy gold regardless of whether its price is high or not. That player is...

Central Bank Decisions Shake Up Currencies: Dollar Shines, Zloty Holds Steady

Last week was rich in central bank decisions, not all of which were in line with expectations. Among the major currencies, the dollar shined...

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...

Inflation Hits Target in February, But NBP Unsure About Next Steps

Given that Wednesday's decision by the Monetary Policy Council to keep interest rates unchanged for the fifth time in a row (5.75%) was no...

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...

Złoty 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...

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 -...

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...

Polish Złoty Remains Strong as Monetary Policy Remains Uncertain

We perceive numerous encoded messages by Glapiński, President of the NBP, as being somehow hawkish – the market increasingly doubts whether monetary policy will...

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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