EUR/HUF: Forint strength unlikely to last – Commerzbank
The Hungarian forint reached record lows on 13 October. The HUF has since rebounded c.5%,
Financial and Business News
The Hungarian forint reached record lows on 13 October. The HUF has since rebounded c.5%,
EUR/HUF has seen major headwinds since the mid-April bottoming at around 370. Economists at ING
EUR/HUF rise faced an interim hurdle at 372.00 after breaking out from the year-long consolidation.
The EUR/HUF pair is currently trading below the 370.00 level. However, it should grind higher
EUR/HUF has evolved within a consolidation after facing resistance near 369.20/369.50 in April 2020. A
EUR/HUF is flirting with the 200-day moving average (DMA) at 358.60. According to Axel Rudolph,