US Dollar weakens against Polish Zloty

The US dollar has seen a decline, benefiting the Polish zloty. The USD/PLN exchange rate fell by 0.61% to 3.9054 PLN, hovering just above a key technical support level of 3.9052.

Factors contributing to the dollar's weakness include lower oil prices and market uncertainty regarding the AI boom. Investors are closely monitoring upcoming US Consumer Price Index (CPI) data, which is expected to influence the direction of the currency. Additionally, the CME FedWatch tool indicates an approximately 80% probability that the Federal Reserve will maintain current interest rates during its upcoming meeting.