European Central Bank meeting influences currency markets

Financial markets are closely monitoring the European Central Bank (ECB) meeting, where interest rates are expected to remain unchanged. Analysts suggest that the impact on global sentiment will depend on whether ECB President Christine Lagarde provides hawkish or dovish signals.

For the Polish złty, currency rates are being influenced by energy commodity prices, global risk appetite, and the situation in the Middle East. Economists suggest that if pressure on AI-related companies continues, EUR/PLN and USD/PLN rates may remain at high levels.

In the debt market, attention is focused on how the ECB might support European government bonds amid current market pressures. Additionally, markets are pricing in an 80 percent probability of an interest rate hike in December.