On currencies without changes. The euro exchange rate remains in consolidation

2025-08-05 10:01
publication
2025-08-05 10:01
Tuesday morning did not bring significant changes on the Polish currency market. For many weeks, the euro exchange rate for Złoty has remained in the side trend and for now there is no impulses that could change this.



At 9:50 the euro exchange rate was PLN 4.27.50 and was almost the same as the day before. This means maintaining a consolidation from April with a range of PLN 4.20-4.30. However, it is worth noting that from a week the EUR/PLN exchange rate is in the upper half of this band.


– In the case of EUR/PLN, we expect a continuation of the side trend in short and medium -term terms below the technical resistance levels located at 4.2850 – wrote PKO BP analysts in the morning note.
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After dynamic changes from the end of last week, the situation on the Euro-Dolar pair stabilized slightly. And although an upward trend is still in force within the medium date, the recent strengthening of the dollar complicated the technical situation of “eurodolara”.
For a dollar-gold pair, this resulted in stabilization near the level of PLN 3.70. On Tuesday morning, the dollar cost PLN 3.7036 after it was valued at over PLN 3.75 on Friday.
Frank-gold pairs also returned to their “channel”. The franc rate was PLN 4,5750 after at the end of last week he exceeded PLN 4.60 at times. This value determines the upper limitation of the side trend in force since April.
We recorded a similar situation by steaming pound-gold. The only difference is that the GBP/PLN exchange rate at the end of July tried to stand out from the consolidation of several months in the range of PLN 4.90-5.10. Also in this case, this movement was not successful. On Tuesday morning, the British currency was valued at PLN 4.9150.
ed. KK




