2025-04-11 09:30
publication
2025-04-11 09:30
It seems that the global capital has finally decided and in the case of the Euro-Dolar couple took the course “north”. The global weakening of the American currency has made us pay the least for the dollar since June 2021.
The currency market for over a week could not decide how to react to the customs war of President Trump. However, the narrative finally prevailed that the prohibited import duties would be unfavorable for the dollar. On the night of Thursday to Friday, the EUR/USD exchange rate broke the 1.12 barrier and thus struck technical resistance, which stopped him from further growth.
On Friday at 9:11 the euro exchange rate for the dollar was PLN 1.1333 and was 1.2% higher than the reference exchange rate. On the main currency pairs, the daily change by over 1% is quite a lot. The more that we are talking about overcoming “technical” restrictions in the form of local side trend, which in the euro-dolar pair was in force between February '23 and November '24. On the basis of technical analysis before the “eurodolar” there is now an open road to an attack on level 1.20.
Thanks to this on Friday in the morning The dollar's quotations on the Polish market reduced by 3.5 grosze to PLN 3.7638. These are the lowest amount of dollar-gold steam since June 2021, i.e. nearly four years. What's more, there is a chance to permanently break the line of 3.80 PLN, which on the basis of technical analysis would expect a decrease in the dollar exchange rate around PLN 3.60.
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It is worth noting that all this takes place with the growing euro exchange rate to the zloty. On Friday morning, the Community currency was 1.5 grosze, reaching PLN 4.2742. After the dynamic weakening of the zloty from early April, the EUR/PLN exchange rate for several days is subject to strong fluctuations in the zone of 4.20-4.30 PLN.
And at the end of February, the euro cost less than PLN 4.13 and was the cheapest since January 2018. Then the euro exchange rate was in the range of PLN 4.15-4.20 throughout March. Only Donald Trump's duties in combination with the announcement of acute interest rates in Poland led to such a rapid weakening of the zloty.
In turn, the Swiss Frank's quotations again reached PLN 4.6049, growing nearly a penny. These are one of the highest values of the Frank-gold couple this year. This year's maximum (PLN 4.6376) was recorded on Wednesday. In steam from Euro Frank is noted close to historical peaks.
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