Daily analysis

Daily analysis 15.07.2014

15.07.2014 12:10

Dovish Draghi, but with no major impact on the EUR/USD. The market has been waiting for the Yellen testimony. German ZEW and US data. The pound is gaining some value after the inflation report. CPI publication from the Polish economy and Fed's chairwoman hearing should shape the zloty today.

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Daily analysis 14.07.2014

14.07.2014 12:21

Interesting comments from the FOMC members on Friday. Lockhart is revealing what Yellen may say during the Congress hearings on Tuesday and Wednesday. Draghi in the European Parliament. Weak European production. The zloty remains stable and waits for the global events.

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Daily analysis 11.07.2014

11.07.2014 12:21

Issues with Portugal financial holding are increasing the risk aversion, but the EUR/USD reaction is fairly muted. Nowotny on the Euro. The next week can be interesting. The zloty stabilizes around 4.14 per the Euro but the downside pressure remains. Summary of recent MPC members' statements.

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Daily analysis 10.07.2014

10.07.2014 12:24

The EUR/USD is traded above 1.3600 after less hawkish than expected comments in the FOMC minutes. Weak data from Europe. Interesting Mario Draghi speech in London. The zloty is still in a relative narrow range. MPC comments – Osiatynski dovish and Rzonca hawkish.

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Daily analysis 09.07.2014

09.07.2014 12:16

Does the ECB seem to be less concerned with strong Euro? Kocherakota still dovish, but Lacker looks less hawkish than expected. Fed's “minutes” in focus today. “The Wall Street Journal” interview with MPC member Bratkowski. The zloty is taking advantage from sentiment improvement on the EM currencies.

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Daily analysis 08.07.2014

08.07.2014 12:14

ECB comments pushing the Euro slightly higher. Weaker-than-expected industrial production from the UK is keeping the cable under pressure. Major investment banks are forecasting earlier US rate hikes. Chojna-Duch is giving more details on her policy. The zloty is a bit stronger in the late morning.

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