Weekly AUD FX Market Update
Updated 18 Jul 2026 • 23:45 GMT
The Australian Dollar (AUD) remains in a critical position as it attempts to maintain gains against the US Dollar (USD), with mixed signals shaping its outlook. Despite struggling to break past the 0.7000 mark, the AUD's support remains intact, bolstered by steady domestic demand and a cautious approach from the Reserve Bank of Australia (RBA). Meanwhile, a strong US dollar and ongoing geopolitical tensions present challenges, limiting the AUD's upward momentum and maintaining a bearish near-term bias.
Key watchpoints
- Monitor price action around the 0.7000 resistance level and 200-day SMA at 0.6880 for future AUD/USD movement.
- Assess the impact of domestic economic indicators and RBA policy on the AUD's strength and stability.
- Stay informed on the influence of global geopolitical developments and US dollar fluctuations on AUD performance.
Hungarian Forint Weekly Market Update
Updated 18 Jul 2026 • 23:49 GMT
The Hungarian Forint (HUF) remains under pressure amidst a broader risk-off environment in the Central and Eastern European (CEE) region, as highlighted by ING analysts. Despite recent selling pressure due to crowded long positions and profit-taking, the underlying attractiveness of Hungarian rates and currency continues to draw interest. With Hungarian inflation dropping to 1.7%, further rate cuts are anticipated in the coming months. Analysts expect EUR/HUF to maintain a trading range of 350–360, supported by seasonal carry demand.
Key watchpoints:
- Continued impact of regional risk-off sentiment on HUF and CEE FX.
- Effects of expected rate cuts on Hungarian monetary policy and currency stability.
- EUR/HUF's performance within the predicted trading range in response to economic data releases.