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Located in Central Europe, Hungary is a landlocked country bordered by seven other countries: Austria, Croatia, Romania, Serbia, Slovakia, Slovenia, and Ukraine. The capital city is Budapest. Hungary is a member of the European Union and the Schen...
EUR/HUF Outlook: The outlook for the EUR/HUF is slightly weaker, but likely to move sideways as the rate is below its recent average, hovering near mid-range levels.
GBP/HUF Outlook: The outlook is slightly positive but likely to move sideways, as the rate is just above its recent average while lacking a clear driver for change.
USD/HUF Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and near the mid-range of its 3-month trading pattern.
Bias: bearish-to-range-bound, as the HUF/USD is currently below the 90-day average and in the lower half of the 3-month range.