__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 pound is depreciating due to the failure of the weekend negotiations. The chances for signing the agreement in mid-November is decreasing and the risk of a hard Brexit is growing. The zloty is stable and supported by reports on Poland's rating and inflation.
The most important macro data (CET - Central European Time). Surveys of macro data are based on information from Bloomberg unless noted otherwise.
EUR/USD close to 1.16
The most important piece of news in the morning was the failure of the UK-EU weekend talks. Both sides hoped for an agreement on the most important issue - what to do with the Irish border. They also wanted a strong declaration of progress at the summit in Brussels starting on Wednesday. This would have resulted in the signing of the agreement around mid-November. Today, the date seems increasingly unrealistic given that all talks between the parties have been halted.
Greater uncertainty and the chances of a hard Brexit have resulted in a weaker pound today. However, the depreciation was not as significant as could be expected from such information. It was partly helped by the weakened dollar due to increased tensions between the US and Saudi Arabia after the famous case of the disappearance of a journalist who was criticised the Saudi Arabian government.
The EUR/USD quotations moved to the 1.16 boundary just before midday and the GBP/USD pair rose to Friday's closing level of 1.315. However, the British currency is likely to stay under pressure. It is hard to imagine that fears of Brexit will disappear. Pressure will also increase on the British Prime Minister Theresa May, which can only harm the pound in the coming weeks if we do not see a breakthrough in the negotiations.
The weaker dollar's condition, although to a greater extent due to short-term political effects rather than economic reasons, helped to maintain a relatively good valuation of the zloty in relation to the basic currencies. The Polish currency may also be supported by information on raising Poland's rating by the S&P Global Rating agency and slightly higher than expected inflation in September (1.9% versus consensus 1.8% y/y).
Although these are positive signals, external factors will play the greatest role in the zloty's valuation. The dollar's return to the upward trend will weaken the whole zloty basket, but taking into account its recent high resilience, the risk of a deeper depreciation is currently limited, and the prospect of 4.35 PLN per euro or 5 PLN per pound has been postponed in time.
See also:
Sentiment improves (Afternoon analysis 12.10.2018)
Cryptocurrencies' popularity is fading
Hard times for dollar (Daily analysis 12.10.2018)
US inflation fails again (Afternoon analysis 11.10.2018)
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.