Central European Daily

The HUF is still more sensitive
Thanks to the strong GDP figure (published yesterday) EUR/HUF touched its 200-day moving average (302.5), and looked so for a second that it may cross this resistance level and then it may move close to 300. Afternoon the contrary happened  and EURHUF has rebounded substantially and moved close to its 100-day moving average, which is around 307.

Read the full report: FX Daily

 

KBC