- CFDs & Forex Trading | Regulated Online Trading
- About Us
- Trading
- Platforms
- Resources
- Partners
- Research
Search
×
Forex Full Course
Get started quickly with our free forex trading course for beginners to level up on your trading knowledge.
Apply now to start trading
| Symbol | USDPLN |
| Name | US Dollar vs Polish Zloty |
| Quote Currency | PLN |
| Monday Open | 00:05 |
| Friday Close | 23:59 |
| Session Break | 00:00-00:05 |
| Limit and Stop Level | 0 |
| Execution | Market |
| Trading Platform | MT5, Mobile App, WebTrader |
| Sector | Forex |
ZERO Deposit Fees
Choose from multiple (15+) deposit options such as Skrill, Neteller, Visa/Mastercard, Crypto, Local Bank and others with zero fees.
Global Market Access
Trade CFD's (1000+) on a wide range of instruments including Forex, Shares, Commodities, Indices, Precious Metals, Cryptocurrency and Energy.
Sub 30ms Latency Trading
Trades are executed through liquidity engines in LD4 and access servers in Asia, Europe and Africa.
€20,000 Protection per Claim
Clients are protected by the independent Financial Commission's Compensation Fund.
Choose from multiple trading options based on your preference of order types, indicators, charting tools, style of trading and operating environment.
The USDPLN Forex pair juxtaposes the USD, the world’s leading reserve currency reflecting the economic strength and policies of the United States, against the PLN, the national currency of Poland. The PLN offers insights into Poland’s growing economy, increasingly significant in the European context, especially in terms of its industrial and service sectors.
US Economic Health:
The strength of the USD is influenced by various factors, including GDP growth, employment rates, inflation figures, and the monetary policies of the Federal Reserve (Fed).
Polish Economic Performance:
The PLN's value is closely tied to Poland's domestic economic conditions, including industrial output, consumer spending, and the monetary policies of the National Bank of Poland (NBP).
Interest Rate Differentials:
The monetary policy decisions of the Fed and the NBP, particularly around interest rates, significantly influence the USDPLN exchange rate.
Global Economic Sentiment:
As with many currency pairs, the USDPLN is also affected by shifts in global economic conditions and geopolitical events.
Trading the USDPLN pair in CFDs requires a strategy that considers economic indicators, monetary policies, and global market sentiment.
Monitoring Economic Data
Keeping informed about key economic data releases from both the United States and Poland is vital for predicting potential market movements.
Understanding Monetary Policies
Insights into the monetary policies of both the Fed and the NBP can provide valuable cues for trading decisions.
Technical Analysis
Utilizing technical analysis tools helps identify trends, support and resistance levels, and potential trade setups in the USDPLN market.
Risk Management
Implementing effective risk management strategies is crucial, given the potential for volatility, especially in response to significant economic news or geopolitical events.
Start trading USD/PLN now!
The USD/PLN pair is influenced by factors such as monetary policy decisions from the U.S. Federal Reserve and the National Bank of Poland, economic indicators and developments within the United States and Poland, and broader global market sentiment.
Economic indicators like GDP growth, unemployment rates, inflation, and trade balances in both the U.S. and Poland can impact the USD/PLN pair. For example, stronger economic performance in the U.S. relative to Poland might lead to an appreciation of the USD against the PLN.
The best times to trade USD/PLN are typically during the European and U.S. trading sessions when market liquidity is higher, and during key economic releases from both the United States and Poland.
Traders often use strategies such as technical analysis, fundamental analysis, and carry trade for USD/PLN. The choice of strategy should be based on the trader’s risk tolerance and market analysis.
Interest rate decisions can significantly influence USD/PLN. For instance, if the U.S. Federal Reserve raises rates while the National Bank of Poland keeps them steady or lowers them, it could lead to a strengthening of the USD against the PLN.
The economic landscape in Europe, including fiscal and monetary policies within the European Union, can impact USD/PLN, as Poland’s economy is closely tied to the broader European market.
Yes, broader geopolitical events, especially those affecting the United States, Poland, or the broader European region, can influence USD/PLN. Such events can alter investor risk appetite and lead to currency volatility.
New traders should understand the economic fundamentals of both the United States and Poland, be aware of key economic release timings, and practice effective risk management. It’s also recommended for beginners to start with a small amount to familiarize themselves with the market dynamics when trading with real money.
Beginner or Advanced? View our full suite of tools and resources to help traders of all levels.
Get started quickly with our free forex trading course for beginners to level up on your trading knowledge.
Evaluate your risk, monitor profit or loss for each trade & estimate trading costs with our full suite of calculators.
Follow high impact news and events for the financial markets including the latest economic data.
Stay up to date with the latest fundamental and technical analysis from the Baxia Markets Analyst team.
Find answers to common questions and topics related to trading with Baxia Markets and the trading platforms.
View our collection of free educational resources to help you become a profitable trader and learn risk management.
More than 1000 CFD instruments to trade on multiple asset classes with one broker.
Forex
Precious Metals
Crypto CFDs
Energy
Indices
Commodities
Shares
BAXIA LIMITED
BAXIA GLOBAL LIMITED
Join the community
Risk Warning: Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Baxia Markets, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing the entirety of your initial investment). You must assess and consider them carefully before making any decision about using our products or services.
Baxia Global Limited is a company registered in Seychelles with registration number: 8426970-1, and is regulated by the Financial Services Authority of Seychelles with License number: SD104.
Baxia Limited is a company registered in The Bahamas with registration number: 177330 B, and is licensed and regulated by The Securities Commission of The Bahamas (SCB), (SIA-F234).
Baxia Holdco Ltd, a company incorporated in the Republic of Cyprus with registration number ΗΕ 413062, at 4 Agiou Georgiou Makri, 6037 Larnaca, Cyprus, is a Paying Agent of Baxia Global Ltd. All payments related to Paysafe and other companies are processed by Baxia Holdco Ltd.
Baxia Markets is a member of The Financial Commission, an independent external dispute resolution (EDR) organization. The interests of Baxia Markets clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim.
The information on this website is general in nature and doesn’t take into account your personal objectives, financial circumstances, or needs. It is not targeted at the general public of any specific country and is not intended for distribution to residents in any jurisdiction where that distribution would be unlawful or contravene regulatory requirements. Baxia Markets does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan/Republic of Sudan, Syria, Iran, Iraq, South Sudan, Venezuela, Libya, Belarus, Afghanistan, Myanmar, Russia, Crimea, Donetsk, Luhansk, Palestine, Yemen and North Korea.