HUF Market Update
18 Jul 2026 • 01:14 GMT
The Hungarian forint (HUF) continues to weaken slightly against the US dollar, trading near its 90-day low of approximately 0.003151—about 2.7% below its three-month average. The HUF has remained within a stable range from 0.003151 to 0.003331, amid ongoing market focus on the US dollar’s strength supported by rising energy prices. Weaker US economic data has kept dollar movements somewhat volatile, but overall, the USD remains supported by geopolitical tensions and higher oil costs, which tend to favor the dollar against low-yielding currencies like the HUF.
Meanwhile, the euro and pound have also seen the HUF slightly weaken, with EUR/HUF near 0.002755 and GBP/HUF around 0.002344, both close to their recent lows. These movements reflect broader market sentiment influenced by global risk factors and energy prices. Though the forint's recent softness is noticeable, analysts suggest it could be short-lived, with medium-term outlooks remaining positive as Hungary’s economic policies evolve.
Traders should keep an eye on energy prices and geopolitical developments, which are likely to continue influencing the US dollar and, consequently, the HUF.
📊 Quick forecast view
🔴 Mild downside
0.0030 – 0.0030
🌍 Global risk sentiment
🟢 Uptrend
