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1:18 PM · 28 June 2022

BREAKING: Forint strengthens as Hungary hikes key rate more than expected

Forint strengthened sharply against the Euro on Tuesday after the National Bank of Hungary unexpectedly lifted interest rate by 185 bp to 7.75%, while markets expected only 50 bp rise to 6.40%. 

EURHUF pair weakened after the decision, and if current sentiment prevails downward move may accelerate to 391.15 which coincides with lower limit of the ascending channel and 23.6% Fibonacci retracement of the last upward wave. Source: xStation5

23 April 2026, 8:54 AM

💶European PMI Plunges as Iran Conflict Batters Economic Activity

23 April 2026, 8:51 AM

Chart of the Day: Where Is the Yen Heading in the Shadow of Hormuz and the BOJ?

23 April 2026, 6:53 AM

Morning Wrap: Ceasefire Fuels Wall Street Gains, but Political Uncertainty Remains

22 April 2026, 7:19 PM

Daily Summary: Unilateral Ceasefire Sufficient for Wall Street

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