PLN stronger at the end of the week, BGK on cooperation with the government
After a stormy start to the week, things calm down. The dollar slightly reduced its recent strengthening, even despite hawkish comments from American bankers. Additionally, after the sell-off on Wall Street [...]
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28 February 2024
Worse data from the US did not weaken the dollar
The American dollar is one of the strongest currencies today and, interestingly, this is despite yesterday's weaker consumer sentiment readings. Conference Board and durable goods procurement. Profitability [...]
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13 February 2024
Waiting for CPI data from the United States
Trade the day before the US inflation release, much anticipated by investors, was mixed. The industrial Dow Jones gained 0,3%. while the Nasdaq Composite and the SP500 lost 0,3%, respectively. and 0,1 percent [...]
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12 February 2024
Will tomorrow's inflation data from the US stimulate the eurodollar?
There has been stagnation on the currency market since the publication of the NFP report. After falling to around 1,0720 at the beginning of last week, the EUR/USD rate has rebounded to 1,08. The market is waiting for another growth impulse. It seems that there may be [...]