Daily analysis

Daily analysis 20.12.2013

20.12.2013 11:27

A slow EUR/USD sliding is still a consequence of the tapering decision. Record current account surplus in the Eurozone. “Fragile five” after the QE reduction. EUR/PLN did test 4.16 support during the US session. Professor Osiatyński will strengthen the dovish camp.

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Daily analysis 19.12.2013

19.12.2013 11:22

The Federal Reserved announced $10 bn taper on Wednesday. “Soft” forward guidance modification. The new market story – too low inflation? When will the QE really end? The Polish zloty was stable during the Federal Reserve conference and begins the day around 4.1700 per the euro.

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Daily analysis 18.12.2013

18.12.2013 11:41

The summary of all options which may be considered by the Fed's officials and its hypothetical impact on the market. Another step toward the Banking Union. The zloty will be slightly affected by the Fed's decision. No impact on the PLN is expected from industrial production reading.

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Daily analysis 17.12.2013

17.12.2013 11:55

The EUR/USD has been traded above 1.3750 in the recent hours. Solid industrial production from the US was ignored by the dollar. German ZEW index has an opportunity to make a multi-year highs. But at the end of the day Fed only counts. The zloty is stable around 4.1750 per the euro and 3.03 to the dollar.

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Daily analysis 16.12.2013

16.12.2013 12:27

The EUR/USD is again close to 1.3750 level. Solid PMI readings from Germany, but weak from France. Former Fed's vice chair sees tapering in 2014. The Polish zloty with a slight appetite to gain some value, but 4.16 per the euro should not be breached.

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Daily analysis 13.12.2013

13.12.2013 13:54

EUR/USD receives another punches – very weak data on industrial production from Euro Zone and strong reading of retail sale from USA. Is “tapering” getting closer? Zloty is stable in relation to euro. Chances of 3.00 level test on USD/PLN are decreasing.

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