The Central Bank of Hungary (MNB) raises interest rates more than expected. The main rate is now 1.2%, while analysts expected a hike to 1.1%, compared to 0.9% previously. So we have a move of 30 basis points, which is more than the standard 25 basis points for the world's major central banks.
HUF is strengthening against the EUR following the central bank decision. Source: xStation5
URGENT: Hawkish FOMC minutes fail to halt market gains
Daily Summary: 6% Oil Declines Fuel Stock Gains
Pound falls on relatively low CPI reading ⏰
Chart of the Day: Strongest currency of 2026 in the shadow of a scandal (19/05/2026)