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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
HUNGARY
- EURHUF ticks lower this morning after finding resistance at the 405 level yesterday, but continues to trade above the key 400 threshold.
- We have seen recently that the persistent USD strength has been supporting the EURHUF exchange rate, which continues to remain extremely sensitive to the level of risk aversion.
- Yesterday, economic data showed that retail sales came in lower than expected at 4.3% in July (vs. 6.1% exp.), down from 4.5% the previous month.
- Economic data to watch this week will be CPI inflation coming out on September 8, expected to accelerate to 15.9% in August.
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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