Free Trial

HUF Keeps Weakening Ahead of NBH Meeting on Dec 14

HUNGARY

USDHUF has been trending higher in the past few days, currently trading slightly below the 325 level; next resistance to watch on the topside stands at 327.40. On the downside, first support to watch stands at 320.

EURHUF continues to test new highs this morning, with the pair rising above the 36 level; next key level to watch on the topside stands at 370. On the downside, first support stands at 365, followed by 363.41 (50DMA).

GBPHUF ticks higher this morning, breaking above the 430 level; ST resistance to watch on the topside stands at 432.60. On the downside, first support stands at 428.40 (50DMA).

To read the full story

Close

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.