The volatility of the British currency persists. There is a chance for a close agreement with the EU which supports the British currency in the afternoon. The 5.00 boundary is within GBP/PLN range again, which rose to 4.95 today.
A number of impulses at the beginning of the week pushed the dollar to the highest levels since mid-2017. Italy's 10-year Treasury bond yields reached 3.50% before the deadline for submitting the modified budget to the EC. The zloty in relation to the euro remains stable. The global strength of the dollar pushed the USD/PLN quotations to the 3.83 PLN.
No significant changes in the FOMC statement, but the dollar is appreciating. Mixed data from the British economy. The relatively good condition of the zloty. The euro and the dollar remain below 4.30 PLN and 3.80 PLN, respectively.
The decrease in EUR/USD quotations to around 1.14 and the dovish MPC statement from yesterday suggesting no prospects for higher interest rates in the next two years does not stop the zloty from keeping its last profits.
The dollar pares some losses, but the environment is less favourable for the US currency than it was at the beginning of the month. According to the European Commission, Italy's public finance deficit will exceed 3.0% of GDP. The zloty is stable despite the dovish message from the Monetary Policy Council. The Fed should not have a clear impact on the zloty's situation.