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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...
Currently, USD/HUF is trading near seven-day lows around 304.3, holding below its 90-day average of 316.2. The dominant driver from risk sentiment is pressuring the pair, supported by increased risk-off flows.
Currently, HUF/USD is trading close to recent highs near 0.003287, well above its 3-month average of 0.003168. The pair’s recent volatility, combined with the risk-off environment driven by US-Iran tensions...
Currently, HUF/INR is trading close to seven-day highs near 0.3132, supported by risk-off sentiment and HUF’s safe-haven demand. It remains within its recent volatile range but is above its 3-month average.
Currently, HUF/GBP is trading close to its 90-day highs near 0.002451, holding near a recent 3-month range with elevated volatility. Risk sentiment remains the dominant driver, supported by global risk-off conditions.
Currently, HUF/EUR is trading near 90-day highs around 0.002840, which is above its 3-month average. The pair is supported by the rate differential, but risk-off conditions are pressuring the forint.
Currently, GBP/HUF is trading close to its 90-day lows near 407.9, well below its 3-month average of 424.3. Market conditions are dominated by risk-off sentiment, supported by global geopolitical tensions and economic uncertainty.
Currently, EUR/HUF is trading close to 352.1, near its 90-day lows and below the 3-month average of 367.8. The pair remains supported by risk-off conditions and the dovish stance of the Hungarian central bank.