The euro exchange rate is the lowest since April 19. The dollar around PLN 4 before the MPC decision
Today we will learn the decision of the Monetary Policy Council on interest rates, which according to market consensus are to remain unchanged. The reference rate is to remain at 5,75%, and the chances of any reduction [...]
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8 May 2024
Reflection of the dollar rate on the currency market
The US dollar is regaining some ground after the fall that hit the world's reserve currency last week. The combination of weaker NFP data and a narrative built by Powell that is in line with expectations [...]
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7 May 2024
The first comments of FOMC representatives are behind us
Today, the forex market is seeing a slight recovery after the thaw that followed the worse labor market report and the Fed's decision last week. Among the leading gaining currencies is the dollar again [...]
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6 May 2024
The dollar is weaker and Wall Street is on the up after FOMC and NFP
The dollar weakened last week, US bond yields fell, gold was in broad consolidation and Wall Street indices recorded increases. This is a picture of the market after the latest Fed decision and data [...]