Polish zloty (PLN) Exchange Rates & Currency Deals

USD/PLN bearish-to-range-bound, drifting in a 3-month range and testing the lower end as data surprises and risk appetite shift. PLN supported by Poland's 2026 growth prospects and EU funds, with energy prices stable. Bias Bearish-to-range-bound for USD/PLN, as the pair sits below its 90-day average and in the lower half of the three-month range, leaving little room for a quick push higher unless new data surprises and global risk appetite improves. Key drivers - Rate gap: US Fed easing expectations contrast with Poland's rate hold and inflation risk, which tends to limit USD strength against PLN. - Macro factor: Poland's growth prospects in 2026, backed by EU funds, support the zloty. - External dynamics: Stable energy prices and broader global growth support risk appetite and PLN resilience. Range USD/PLN is likely to drift within the three-month range, with a tendency to test the lower end while monitoring Polish data and global risk appetite for any breakout signals. What could change it - Upside risk: Strong U.S. payrolls or a hawkish Fed stance could push USD higher against PLN. - Downside risk: Clear Fed easing in 2026 or stronger Polish growth could push USD/PLN lower