A relatively calm situation on the global currency market on Friday afternoon. A volatility on the zloty also remains redyuced and the EUR/PLN level of about 4.23 will remain the base case scenario until the end of today's session.
A reduced volatility on the global currency market. A weaker finish of the US session and more falls of the oil prices caused a slight sell out of the zloty. The PMI indexes from the eurozone in the center of attention.
Fairly calm afternoon on the currency market. The US data in line with expectations. Polish budget balance with low fiscal deficit. The EUR/PLN close to 4.24 level.
A fairly large portion of the currency market is still dependent on oil valuation. The zloty is very sensitive to even slight changes of the global sentiment. The PLN may remain fairly weak.
More sterling weakness. The GBP/USD pair is close to the 1.2650 level. The zloty remains fairly stable on the broader market. The global sterling weakness pushes the pound/zloty rate toward 4.72-4.73.
There is still high level of uncertainty regarding the further pound value, but the British currency is fairly stable at the opening. The FOMC meeting is expected to be crucial this week. The zloty remains fairly stable both to the major currencies and the forint.