USD/PLN

What is USD/PLN CFD?

USD/PLN CFD is a product offered by OANDA, and is based on a currency pair that represents the value of the US Dollar against the Polish Złoty.  

The US Dollar is the world's primary reserve currency and the most widely traded currency globally. Its value is influenced by US economic performance, Federal Reserve monetary policy, and global economic sentiment.  

The Polish Złoty, issued in Poland, is influenced by the economic performance of Poland, which is closely tied to the Eurozone due to trade relationships.

The National Bank of Poland's (NBP) monetary policy also plays a significant role in the Złoty's value. The USD/PLN currency pair will be influenced by the relative economic performance and monetary policies of the United States and Poland.