__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.
Better then expected data from Japan boosted EUR/USD, and allow to test the 1.3000 mark. Today investors should pay attention to the German parliament voting regarding the Greek bailout, and Polish GDP data at 10.00 CET.
Macro data:
Data from Japan was a pretext for the EUR/USD rise. Voting in Germany.
From the early morning the market is testing 1.3000 level. The reason for the risk on sentiment was better then expected data from Japanese economy. The industrial production reading exceeded expectations (survey: (-1.8% m/m), actual: (+1.8%)) and supported the common currency. It is, however worth to mention the market is clearly “looking for” reasons to climb further. I did underline it in previous analysis. There is high probability that we can end the week above the 1.3000 mark what undoubtedly will be strong bullish signal, and EUR/USD would be able then to test September/October highs in the following week. I am not expecting any problems regarding the German voting. I presume that market's view is similar but it can be used to push euro dollar further upside by several pips.
One of a few opportunities for PLN to break away from global sentiment.
The Polish GDP reading at 10.00 CET can have substantial, but rather short term effect (up to 1 day) on the zloty. The market survey shows that economy expanded by 1.8% y/y. Better then estimate data (low probability) should support the PLN for the following reasons. Firstly it will show the strength of the economy (what usually is positive for emerging currencies), and secondly it decreases the odds for deeper then 25 bps rate cut. The other scenario is weak but not catastrophic reading (between 1.6% and 1.8%). In my opinion this is the most probable reading. It can cause the short term depreciation up to 0.02 PLN to EUR. The zloty's strongest reaction will spur very weak data. If GUS shows that Polish economy expanded by less then 1.5% then EUR/PLN pair can rise up to 4.1200. The sliding value of zloty will not stop in one day, because such low reading will fuel the expectations for for the deeper rate cut (50 bps) at the December 5th MPC meeting.
Expected levels of PLN according to the EUR/USD value:
Technical analysis EUR/USD: the situation still favors bulls. The target for the following week is around highs in September and October (1.3150). Until EUR/USD stays above 1.2900 (23.6% Fibonacci retracement level and 50 DMA) the up trend tendency dominates.
Technical analysis EUR/PLN: yesterday's slide under 4.09 confirms the bears sentiment. The next target is 4.08 and then 4.06. Only the breakout above 4.1200-4.1250 will give signal for the trend change.
Technical analysis USD/PLN: Today's rate is only 0.015 PLN away from the first target (3.1300). The next target is 3.1000. Only the breakout above 3.1900 favors the bulls.
Technical analysis CHF/PLN: the PLN strength won yesterday on the CHF/PLN. The scenario is bearish now with the first target of 3.36 and then even 3.3300. The bullish signal is closing above 3.4150.
See also:
Daily analysis 29.11.2012
Daily analysis 28.11.2012
Daily analysis 27.11.2012
Daily analysis 26.11.2012
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.