Daily analysis

Daily analysis 25.11.2013

25.11.2013 16:24

The EUR/USD came back above 1.3500 after solid German data and new record high levels at S&P500. Issues at the Minneapolis Fed. Investors have already started thinking about November Payrolls. The zloty managed to stay under 4.20 level. The MPC governor Marek Belka on euro-area.

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Daily analysis 22.11.2013

22.11.2013 11:16

Draghi tones down the last rumours about decreasing the deposit standard below zero. „Primary dealers” survey points on March 2014 as tapering's beginning. Ifo's record readings confirm the revival in Germany. Zloty is getting more and more bravely under the boarder of 4.20 per euro. The production data are according to the expectations. HSBC speaks very optimistic about Poland.

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Daily analysis 19.11.2013

19.11.2013 14:37

The EUR/USD has been trying to generate a bullish move, but without strong signals the attempt has not brought any significant results. William Dudley relatively hawkish statements. Voting on Yellen nomination. German ZEW reading and Bernanke speech. The zloty is slightly stronger on the EUR/USD recovery.

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Daily analysis 15.11.2013

15.11.2013 11:37

No breakthrough after Yellen Q&A session before the Senate Banking Committee, but some remarks should keep the dollar under pressure, stocks in the bullish mood and treasuries yields from recent highs. The zloty remains around 4.18-4.19 per the euro and hardly any changes are expected.

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Daily analysis 14.11.2013

14.11.2013 12:28

The EUR/USD almost topped 1.3500 in late evening after unexpected release of Janet Yellen opening remarks before Senate Banking Committee. German GDP reading in line with estimates but the French economy fell short of expectations. The zloty took advantage of “risk on” sentiment and moved back below 4.20 per the euro. Solid GDP reading from Poland.

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Daily analysis 12.11.2013

12.11.2013 11:55

Further consequences of last week events – the ECB rate cuts and much-better-than estimated NFP data from the US. Thursday's Janet Yellen hearings before the Senate Banking Committee. The EUR/PLN rose above 4.20 level during a thin, holiday trading. Macro data from Poland. NBP inflation report.

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