__lc_cid
Valid: 3 years
Necessary for proper functioning of the chat available on the website.
__lc_cst
Valid: 3 years
Necessary for proper functioning of the chat available on the website.
rc::a
Valid: It does not expire
Cookies to correctly distinguish between human and bot-generated traffic.
rc::b
Valid: 1 session
Cookies to correctly distinguish between human and bot-generated traffic.
rc::c
Valid: 1 session
Cookies to correctly distinguish between human and bot-generated traffic.
NID
Valid: 6 months
Records a unique number to recognise the device you are using. It is used for advertising.
_ga
Valid: 2 years
Registers a unique user number to collect statistical data about how you use our website.
_gat
Valid: 1 day
Used by Google Analytics to reduce queries. Reduces the amount of statistical data collected.
_gid
Valid: 1 day
Registers a unique user number to collect statistical data about how you use our website.
yt-player-bandwidth
Valid: It does not expire
Determines the best video quality based on your device and the Internet connection used.
yt-player-headers-readable
Valid: It does not expire
Determines the best video quality based on your device and the Internet connection used.
CINKCIARZ_FX
Valid: 1 session
Maintains user sessions.
csrfToken
Valid: It does not expire
Protection against csrf attacks.
user
Valid: It does not expire
Stores information that indicates whether the user is from the USA.
browserId
Valid: It does not expire
Required for trusted browsers to function properly.
collect-bank-#
Valid: It does not expire
usłudze Collect. Remembers the last chosen bank in the Collect service.
collect-country-#
Valid: It does not expire
Remembers the last chosen country in the Collect service.
collect-currency-#
Valid: It does not expire
Remembers the last chosen currency in the Collect service.
social_offer_top20_currency-#
Valid: It does not expire
Remembers the last chosen currency in the Social transactions service (Top 20 List).
social_offer_exchange_buy_fc-#
Valid: It does not expire
Remembers the last chosen currency in the Social transactions service (First currency to buy).
social_offer_exchange_buy_sc-#
Valid: It does not expire
Remembers the last chosen currency in the Social transactions service (Second currency to buy).
social_offer_exchange_sell_fc-#
Valid: It does not expire
Remembers the last chosen currency in the Social transactions service (First currency to sell).
social_offer_exchange_sell_sc-#
Valid: It does not expire
Remembers the last chosen currency in the Social transactions service (Second currency to sell).
#-service-popup
Valid: It does not expire
Remembers choosing "Do not show this message again." when changing providers.
missing-required-fields-form-#
Valid: It does not expire
Records information that the missing data form has been shown to the user.
The EUR/USD is still steady. Volatility spiked in the commodity currencies. The zloty extended losses. It dropped against its all major pairs.
On Monday, the red color prevailed in the major markets. However, losses were rather limited and there was a willingness for a rebound. As a result, after a negative opening in the second part of the day, the indexes moved to neutral levels.
The major risk factor was the outcome of the meeting in Doha. Is spite of early optimism, the negotiations failed to reach an agreement to freeze the output level. Given the situation, the oil price posted severe losses. Later, the commodity rebounded, but it remained clearly below Friday's close. Currently, the probability of a price increase is rather small.
High volatility in the oil market affected the commodity currencies. The Russian rouble especially posted a significant drop. Nevertheless, as the situation calmed, the commodity currencies also rebounded.
Fed's comments
In today's speech, New York Fed President William confirmed the basis scenario for interest rates which assumes two hikes this year. He said that the central bank should act gradually and cautiously. Dudley added that he believes that the inflation rate will return to the two percent target within a few years, due to the strong labor market and receding the transitory factors.
Dudley's speech did not affect the EUR/USD. The major currency pair was steady around the 1.13 level.
The volatility in the EUR/USD market may return after the Wednesday's speech of ECB President Mario Draghi. The Frankfurt-based institution will decide on interest rates tomorrow. Sixty percent of analysts surveyed by Bloomberg, believe the ECB will eventually increase its stimulus. The majority pointed at the September ECB meeting as the most probable term of additional actions. If Mario Draghi confirms a similar scenario, the euro may decline.
Reports confirm expansion
Today, the CSO released data on the labor market. The reports showed an ongoing expansion. In March, employment increased 2.7 percent on a yearly basis - more than the 2.5 percent than was anticipated. In the prior month it increased 2.5 percent. The wage report was slightly below expectations. The average wage increased 3.3 percent against the 3.4 percent that was expected. Last month it rose 3.9 percent.
Over the next few days, reports on industrial production and retail sales are scheduled. The reports will probably confirm an ongoing expansion in the economy.
In spite of solid reports, the zloty was weak. The Polish currency did not exploit the opportunity to rebound and eventually dropped against all its major pairs. It could have been caused by the heightened political risk. It is likely that the zloty will remain rather weak in the short term. The basis scenario for the zloty is to stabilize with a tendency to decline.
See also:
Daily analysis 18.04.2016
Afternoon analysis 15.04.2016
Daily analysis 15.04.2016
Afternoon analysis 14.04.2016
Attractive exchange rates of 28 currencies
Live rates.
Update: 30s
Download our app
Stay tuned and make managing your favourite currency services faster, easier, and more convient. Wherever you are.