__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 ifo business climate index for German companies rose above expectations in June. One of its components came out astonishingly high, rising almost to pre-pandemic levels. The zloty remains stable and within a limited fluctuation range.
The EUR/USD still close to 1.13
On Wednesday, the sentiment in the broader market slightly deteriorated. This is due to reports from the southern states of the USA about the rapidly increasing number of coronavirus cases. The discussion about the possible return of some of the restrictions has also intensified. This is why Wednesday's session was conducted with an increased aversion to risk until midday.
The main European market indexes lost around 2% and the gold has reached its highest level since 2012 (already nearly 1.8 thousand USD per ounce), but the dollar quotations did not change significantly. The EUR/USD exchange rate fell to about 1.1270 in the morning, which is only 0.2% below the level from yesterday's closing. Closer to midday, the euro/dollar exchange rate returned slightly above the 1.13 boundary.
It's bad, but it will be better (maybe)
This is partly due to the fact that the market is still sceptical about the idea of re-imposing restrictions (which would have huge economic consequences), and partly to the relatively good data from the eurozone. The business climate index for German entrepreneurs prepared by the ifo institute in June rose once again in a row and the reading of 86.2 points exceeded the consensus of economists by 1.2 points.
If we look at its components, the assessment of the current situation, although it also improved, was not significantly better than in May, and on top of that it turned out to be below expectations (81.3 vs. the expected 84 points). Apart from the current situation, which is clearly still far from optimal, German companies are very optimistic about the future. Business expectations for the future have risen practically to pre-pandemic levels (91.4 pts. in June vs. 93.1pts. in February), clearly exceeding the consensus (by 4.4 pts.).
Relative calmness in the EUR/USD quotations is also manifested by the limited fluctuation range for the basket of the zloty. A slight weakening of the dollar in the previous days (shift of the EUR/USD quotations from about 1.12 to 1.13) helped the USD/PLN exchange rate to fall to the lower limit from the last week, but this is basically the same as the changes in the zloty basket.
The quotations of the main currencies, such as the dollar, the euro or the franc, in relation to the zloty remain within a very limited range of fluctuations. Although there is a lot going on in economies (lifting restrictions, coming out of inactivity, increase in the number of diseases), the relative calmness in the market indicates that its participants are waiting for more data on the opening of economies and all the consequences (potential increase in the number of diseases) that the data will bring. Until then, fundamental changes are unlikely to be expected, and this also means that the zloty will remain within a limited range of fluctuations.
See also:
Data from the USA are not as surprising as those from Europe (Afternoon analysis 23.06.2020)
Surprising data from the eurozone weaken the dollar (Daily analysis 23.06.2020)
The dollar is weaker, but the fluctuation range is limited (Daily analysis 22.06.2020)
Dollar tries to pare losses (Afternoon analysis 19.06.2020)
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.