__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.
A set of positive news from China. Positive data from the British labour market did not help the pound. The zloty remained strong despite a slight weakening around midday. The EUR/PLN pair in the range of 4.15-4.16.
The most important macro data (CET - Central European Time). Surveys of macro data are based on information from Bloomberg unless noted otherwise.
Relatively good sentiment
During the first part of European trade was noticed positive sentiment on the markets. This is caused by the solid increase in indexes across the ocean and the positive news from China.
China's economy grew by 6.8% year-on-year in the Q1. Moreover, retail sales (10.1%) and industrial production (6.0%) grew markedly in March and the growth rate of private investments exceeded the one observed in the public sector. Before midday, Beijing announced that it would reduce the restrictions on foreign investment in the automotive sector. Therefore, there will be no need to create ventures to enter the local market. There will also be fewer restrictions in other branches of industry (aviation, modern technologies).
The message on China's wider opening can be perceived as a result of recent trade conflict between Washington and Beijing. Perhaps this will enable to start formal negotiations and reduce the risk of a trade war. Yesterday evening, the US Treasury announced that China had increased its US Treasury bond by the most in 5 months (8.5 billion USD to 1.18 trillion USD in February).
The relatively good market sentiment has its confirmation in the franc. The EUR/CHF breached the 1.19 level, which means that the European currency is strengthening to the Swiss currency and is close to the 1.20 level. Moreover, the franc cost 3.49 PLN, i.e. the least since December 2014.
Positive data but with limited impact on the pound
For the recent days, a clear strengthening of the British currency has been visible. This was not only a result of a weaker dollar, but sterling also increased in relation to the euro before the publication of labour data from the islands. However, despite positive readings, the pound stopped its upward trend.
The data from the United Kingdom should be viewed positively. Wages grew at a rate of 2.8% year-on-year, the fastest rate since 2015. Additionally, unemployment fell to the 4.2% level, which is the lowest reading in over 40 years. Other labour market parameters also look good. Economic activity of people aged 16-64 is at the 75.4% level, which is the highest since 1971 and by 0.9 percentage points higher than last year's reading.
Zloty remains strong
The Polish currency is still strong. In turn, the franc, which today has weakened to the lowest level since mid-January 2015, has also fallen to over three years' lows in relation to the zloty and is quoted below the 3.50 limit. So far, there are no major threats to the national currency on the horizon.
The calm trade on the zloty should also be visible in the following hours. This should not be affected by the US industrial production data or by the Fed's statements scheduled for this afternoon. Maintaining most of the recent zloty's growths can now be considered a core scenario.
See also:
Zloty remains stable (Daily analysis 16.04.2018)
Stabilisation (Daily analysis 13.04.2018)
Slight stronger dollar (Daily analysis 12.04.2018)
Inflation reaches its highs (Afternoon analysis 11.04.2018)
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.