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HUF: EUR/HUF Sharply Reverses Earlier Session Gains

HUF

EURHUF has sharply reversed earlier gains, with downside momentum picking up through earlier session lows near 395. Broader sentiment is reflected in the acceleration in gains for major equity indices, which appear to be assisting the forint. The cross is trading 0.3% lower at typing, but still comfortably in the green on the week overall. Similar downticks in EURPLN and EURCZK have been noted in recent trade.

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