<\/span><\/h2>\nThe most important global reading this week will be tomorrow’s NFPs, namely the government report on employment in the non-agricultural sector. Analysts have a problem with setting their expectations. On one hand, the so-called “JOLTS” turned out to be exceptionally optimistic on Tuesday, while yesterday’s ADP was already very disappointing. The final result was nearly twice as low as predictions. Investors attach such great importance to the labor market because they believe it may prompt the FED to end the cycle of increases. It is commonly known that it is dear to the hearts of decision-makers from the Federal Reserve, so any signs of its weakness raise a lot of hope among doves. Regardless of yesterday’s turmoil related to the ADP, the dollar remains strong. Much suggests that tomorrow will end the twelfth decrease week in a row on the main global currency pair. Such a clear and lasting trend on this pair is an extremely rare occurrence. Over these three months, the euro has already lost 8 cents. Today we are already around $1.05, which is an important technical level. Its conquest could open the way even to parity.<\/p>\n
Today there are no major macro-economic readings. However, there will be speeches by members of decision-making bodies from many central banks. We will be most interested in the conference by President Glapi\u0144ski, but in addition, Nagel and Guindos from the ECB, and Daly, Barkin, or Kashkari from the FED will also speak.<\/p>\n
Krzysztof Adamczak \u2013 currency dealer InternetowyKantor.pl<\/p>\n","protected":false},"excerpt":{"rendered":"
The Z\u0142oty continues to be influenced by yesterday’s decision of the Monetary Policy Council. Today we are awaiting a press conference by the NBP President, Adam Glapi\u0144ski. Globally, the focus remains on the American labor market. The euro-dollar rate is catching its breath at around $1.05. Is It A Surprise? Yesterday’s decision by the RPP […]<\/p>\n","protected":false},"author":1,"featured_media":3215,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[14],"tags":[3404,3070,3368,3686,2753,3263,2726],"class_list":["post-3214","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investing","tag-adam-glapinski","tag-fed","tag-internetowykantor-pl","tag-krzysztof-adamczak","tag-lot","tag-nbp","tag-target"],"jetpack_publicize_connections":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/3214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/comments?post=3214"}],"version-history":[{"count":0,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/3214\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/3215"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=3214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=3214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=3214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}