2025-12-10 09:30
publication
2025-12-10 09:30
On Wednesday morning, on the day of the Federal Reserve's last decision this year on the level of interest rates in the US, the dollar weakened slightly against the main currencies and the Polish zloty. The franc weakened slightly in relation to the Polish currency, and the euro and British pound remained stable.
On Wednesday, December 10, at 9:00 a.m., the exchange rates of the main currencies against the Polish zloty were as follows:
- EUR/PLN: 4.2281
- USD/PLN: 3.6303
- CHF/PLN: 4.5087
- GBP/PLN: 4.8381
On this day, the most important event on the financial markets will be the evening decision on interest rates in the United States. According to FedWatch, cuts by 25 bp. 87.6% of market participants expect it.
We'll find out whether the federal funds rate ends 2025 as they expected at 20:00 Polish time, and half an hour later, Fed President Jerome Powell will present the justification for the decision.
While waiting for the evening events, at 9:00 the dollar was losing against the euro. The EUR/USD rate was approximately 1.165. The American currency also recorded a slight weakening against the Polish zloty. The USD/PLN exchange rate fluctuated around 3.63. On a weekly basis
After Tuesday's offensive, when the euro/zloty exchange rate struggled to stay above 4.24, the EU currency fell below 4.23 in relation to the Polish one. However, both currencies remain stable on a weekly basis. On December 18, the ECB will decide on the interest rates. However, analysts do not expect any changes.
The Swiss franc continued to weaken against the Polish currency. The CHF/PLN exchange rate was close to 4.51 on Wednesday. During the week, the Helvetian currency lost 0.45% against the zloty. The Swiss National Bank will decide on the interest rates on Thursday. Currently, they are “at zero” and the market does not expect this to change.
After Tuesday's failed attempt to rebound, the British pound remains weakened. The GBP/PLB exchange rate was 4.838 on Wednesday morning, which is still 1.1% higher than at the November low, when the UK currency to PLN conversion rate was 4.78.
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