Jerome Powell's reappointment has strengthened the USD
Investors had been awaiting President Joe Biden's decision on who would become the chairman of the Federal Reserve for several days. Will it be Jerome Powell as before, or maybe Lael Brainard. Experts in their deliberations gave [...]
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November 3 2021
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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SEPTEMBER 20, 2021
A new record: a quarter of a million zlotys for one bitcoin
Yesterday evening, one bitcoin had to be paid 250. zloty. The most popular cryptocurrency broke a historical record in the valuation not only in zlotys, but also in euros. Most often, cryptocurrency prices fall in dollars [...]