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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 higher this morning after finding a local low at 393.90 yesterday, surging back above the 396 level.
- Momentum on the pair remains bullish with HUF being the most exposed EM FX to the geopolitical uncertainty.
- ST Resistance to watch on the topside stands at 400, followed by 402.90.
- On the downside, support to watch below 393.90 stands at 390.
- The NBH decided to leave its 1W depo rate steady at 7.25% this morning after surprising the market with a 50bps hike last week.
- Economic data also showed that unemployment rate declined to 3.5% in May, down from 3.6% the previous month.
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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