Interest rates sharply up, EUR / PLN (temporarily) sharply down
The Monetary Policy Council raised interest rates today by 75 basis points to 1,25 percent. The zloty was gaining in the first moments after the announcement of the decision, the euro was for a moment the cheapest in two weeks and cost PLN 4,5530. [...]
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November 2 2021
The MPC will either raise interest rates or plunge the zloty
Record-high inflation, the deepening weakness of the zloty against the main currencies of the world and the actions of other central banks lead to the conclusion that on Wednesday, November 3, the Monetary Policy Council will announce a decision on another [...]
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July 27 2020
Gold at new historic heights. When will we see $ 2000 an ounce?
On Monday morning, the price of gold reached $ 1944 an ounce and reached new historic highs. In the face of the weakness of the dollar, gold is a safe haven in the ongoing epidemic crisis. Will the next breakthrough moment [...]
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July 22 2020
Hossa on precious metals. Will the highs of several years be maintained?
Precious metals futures are growing successively. The price of gold is at its highest in almost 9 years, and an ounce of silver broke the USD 4 mark for the first time in 20 years. For four [...]