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HUF extends gains, despite the CPI miss

HUNGARY
  • Hungary CPI and Czech Retail both come below expectations, Surprisingly, EURHUF drops from 358.66 to 358.06 on the data release.
  • Looks to be risk led, with Estoxx and S&P at the high of the session.
  • EURHUF is now testing Monday's low at 357.90, ahead of next support seen 356.40.

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