Currencies remain unchanged. The euro exchange rate remains in consolidation.

Tuesday morning did not bring any significant changes on the Polish market. currency market. The euro/zloty exchange rate has been trending for many weeks. side and so far there are no visible impulses that could change this.

At 9:50 the euro exchange rate was 4.27.50 PLN and was almost the same as the day before. This means maintaining the consolidation in the range of PLN 4.20-4.30 that has been ongoing since April. However, It is worth noting that the EUR/PLN exchange rate has been in the upper half for a week this band.
- In the case of EUR/PLN, we expect the sideways trend to continue in the short and medium term below technical resistance levels located at 4.2850 - PKO BP analysts wrote in a morning note.
AdvertisementAfter the dynamic changes at the end of last week, some The situation on the Euro-dollar pair has stabilized. And although in the medium term it is still there is an upward trend, the recent strengthening of the dollar has complicated the technical situation of the "Eurodollar".
For the dollar-zloty pair This resulted in stabilization near the level of PLN 3.70. On Tuesday morning, the dollar cost 3.7036 PLN after being valued at over 3.75 PLN on Friday zloty.
The pair's quotations also returned to their "channel" franc-zloty. Exchange rate franc was PLN 4.5750 after it had temporarily dropped at the end of last week exceeded PLN 4.60. This value sets the upper limit for the April sideways trend.
We noticed a similar situation with the pound-zloty pair. Only with this one the difference is that the course At the end of July, GBP/PLN tried to break out of a low of several months. consolidation in the range of PLN 4.90-5.10. Also in this case, this movement was not was successful. On Tuesday morning, the British currency was valued at 4.9150 zloty.
prepared by KK

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