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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
- Prime Minister Viktor Orban hosts counterparts from the Czech Republic, Poland and Slovakia, while the central bank discloses data on secondary market government bond purchases (BBG).
- Selling pressure on HUF has remained elevated this month, which is the second weakest FX performer (after TRY), down over 3% against the USD and the Euro.
- EURHUF broke above the key 370 level this week to trade at an all-time high; support to watch on the downside (below 370) stands at 366.90, followed by 365.
- Hungary 10Y yield continues to retrace higher, gradually approaching its ST resistance at 4.50%. On the downside, first support stands at 4.12%, followed by 4%.
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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