Tag: USD

The Strengthening of the Polish Zloty Driven by Fed Policy and Asian Developments, Not Domestic Factors

The Polish zloty has strengthened over the past two years. However, the most recent strengthening of the zloty is the result of the US...

Inflation in the Spotlight

The end of the month traditionally brings preliminary inflation data. While Poland's price dynamics don't significantly influence domestic monetary perspective, inflation readings from the...

The Polish economy in the second quarter was mainly driven by consumption

According to GUS data, the unemployment rate in Poland increased to 5.0% in July from 4.9% in June. The Polish economy grew by...

Polish Economy Accelerates Amid Concerns. Nvidia Falls Short of Investor Expectations Despite Strong Performance

The domestic economy shifts into second gear, with reasons for concern. Nvidia performs better than expected, but for heated investors it's still not enough....

USD Bounces Back, Markets Eye Nvidia’s Earnings

The USD index is bouncing back from support while the Euro is moving back around 1.11. Nvidia's financial results are under scrutiny today. The...

August rally of GBP/USD: What’s behind the dynamic increase in the exchange rate?

The weakness of the dollar and the strength of the pound have resulted in an impressive August rally for the "cable" exchange rate. The...

Oil Prices Rise, Dollar Strengthens, PLN Remains Stable

A Calm Start to the Week on Markets, Awaiting Central Bank Decisions. Oil Prices Surge Amid Rising Tensions in the Middle East. Few Macro...

Is gold at 3000 USD an abstraction?

Wednesday's batch of data from the domestic market did not meet analysts' expectations. The chart of the world's main currency pair hit the wall,...

Saint-Gobain Expands Global Footprint in Construction Chemicals with $815M Acquisition of OVNIVER Group in Mexico and Central America

Saint-Gobain Group strengthens its global presence in the construction chemicals industry by signing a binding agreement to acquire OVNIVER Group - a leading player...

Weak NFP Report and Upcoming Job Market Revision Could Heighten Fears of Fed Policy Overreach, Weakening USD and Impacting Wall Street

In light of a recent weak NFP report, an upcoming yearly revision of the U.S. job market data by the BLS seems particularly interesting....

USD Seeks Stabilization After Weakening – No Surprises from Chinese and Turkish Central Banks

Tuesday's forex trading is seeking stabilization after the opening of the week, which confirmed the ongoing trend of weakening USD in the broad market....

Poland’s Commercial Real Estate Market Surges by 80% in H1 2024, with Investments Exceeding €1.76 Billion

The international consulting agency Cushman & Wakefield, based on the data collected, estimates the value of transactions in the commercial real estate market in...

Gold Prices Soar: Could 2024 Be the Best Year for Gold in Over a Decade?

In recent months, gold has been gaining value, reaching new record levels. On Friday, gold price rose to $2510 per ounce and has mostly...

Gold Hits Historic High, Surpassing $2500 per Ounce

Gold has never been so expensive. Its prices over the past long weekend reached a historical record, specifically on Friday, exceeding the round barrier...
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