Tag: USD

Declining Inflation and Potential Interest Rate Cuts in 2024 Could Spark IPO Market Revival

In 2023, the number of initial public offerings (IPOs) worldwide dropped by 8 percent, with total revenues from this sector declining by one-third (33...

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...

How could the US elections and the Federal Reserve’s policy affect the price of gold in 2024?

Last week, gold plunged by over 50 dollars an ounce, only to bounce back. This was largely due to economic data from the US...

Wall Street Indexes Hit New All-Time Highs

Wall Street indexes have established new historical highs. The last two sessions of the previous week were dominated by buyers, resulting in dynamic increases...

ECB in the spotlight, Lagarde to temper rate cut expectations

The upcoming week will bring the first decisions of central banks in 2024. The ECB, Bank of Canada, Bank of Japan, and the banks...

Polish Inflation Slows to 6.2% y/y; German Economy Stalls, US Retail Sales Surprise

Consumer inflation in Poland ultimately slowed down to 6.2% year-on-year (y/y) from 6.6% y/y in November, which is a slight upward revision compared to...

EUR/USD Faces Pressure Ahead of ECB Meeting

The market's attention begins to focus on the upcoming meetings of major central banks. Next week, we will learn the ECB and Canada's decision,...

Zloty Weakens Against Dollar, Euro Holds Steady Ahead of March Decisions

The Zloty quickly weakened against the dollar, with the dollar now costing over 4 Zloty. On the other hand, the price of the euro...

Strong US Retail Sales Data Dampens Rate Cut Expectations

A strong retail sales report from the US has led to a fall in Wall Street indices, an increase in US bond yields, and...

Shanghai Composite Index lowest in over 3 years, Nikkei 225 highest in 34 years

Following Tuesday's session in the USA, which ended with a decline in the major indexes (S&P 500 -0.37%, DJIA -0.62%, Nasdaq Composite -0.19%), this...

Reverse Mortgage Market in Poland: Need for Regulation and Professional Standards

After eight years of ruling, PiS party returns to the political faction, whose members - many years ago - were working on regulating the...

ECB Discards Rate Cuts as EUR/USD Hits Lowest Level Since January 5

Yesterday, the Wall Street exchange was closed. Americans were celebrating Martin Luther King Day. The EUR/USD fell overnight towards 1.0910, marking its lowest level...

Polish ZÅ‚oty 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...

Gold Market: A Tale of 3 Factors That Will Drive Prices in 2024

The year 2023 brought a 13-percent increase in the American dollar price of gold, making it the best year since 2020. And since the...
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