Foreign exchange rates. Stronger zloty ahead of GDP data

Economic data from the USA increases the volatility on Eurodollar. The Polish currency is growing stronger in anticipation of the statistics from Poland.

On Thursday the Polish zloty strengthened against the euro, where the euro exchange rate was quoted near PLN 4.52. Against the US dollar the zloty also strengthened, with the exchange rate near PLN 3.745. The EUR/USD pair ended the day below 1.21.

After the main currency pair stabilized, the EUR/USD exchange rate increased despite the higher than expected subsequent inflation readings (on Wednesday, a surprise in the CPI supported the dollar quotations).

(Money.pl)