Tag: Roman Ziruk
Will Recession Fears Trigger a Dovish Turn from the ECB?
Significant changes in the economic environment since the October meeting suggest that the European Central Bank may adopt a more dovish tone this Thursday. In our opinion, a change in communication is justified, but...
Elections may bring additional volatility in the zloty
Last week's decision by the Monetary Policy Council (RPP) to lower interest rates by only 25 bp. has helped limit expectations for further cuts, which has strengthened the zloty. This week, the market's attention...
Polish central bank cuts rates again
At the meeting in October, the Monetary Policy Council lowered interest rates by 25 basis points, hence starting from Thursday the reference rate will stand at 5.75%. The zloty strengthened after the decision, as...
After the storm or before the storm? What about the exchange rate of the...
This Wednesday (04.10), the Monetary Policy Council will make another decision regarding monetary policy. After the reduction in September, we are likely expecting another one - the question is, when exactly and to what...
Higher yields in the USA and a strong dollar drive the market
The Polish Zloty suffered marginally from the worsening of global risk sentiment. Last week, it performed worse than other regional currencies, but found support on Monday. The question is, for how long? Significant for...