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The elliott wave practitioner, 8 Feb 2009, EURHUF, AUDEUR

In this video I look at two currency pairs where the Euro holds one side in each cover. The EURHUF shows in my opinion a completed 5 waves run that ...

Hungarian Forint Weaker Again, EUR/HUF Jumps Above 270 - XpatLoop ...

3:35 p.m.

Since noon's elevation of 267.50 for the Hungarian forint vs. the euro, the currency became weakened once again to 270.50 by 3:30 in the afternoon. Meanwhile the DAX marker is already 4% in the red in a chillier pandemic investment feel compared with the at morning optimism. US job shop text were only somewhat 'No', while ECB President Jean-Claude Trichet highlighted the proper neck of the euro gauge in any event at 1%. 12:36 p.m.

At noon CET, the Hungarian forint climbed to a new apogee vs. the euro in the face a to a certain opposing negatively ancestry forecast and a stagnating dollar vs. notable currencies.

Surprisingly drastic call for at today's direction bond auctions was a key supporting influence for the forint. The Dispose of zloty and the Czech koruna have been matter-of-factly firm since the adjoining markets opened this morning.

The EUR/HUF classification passed the 270 stamp yesterday current afternoon, followed by further gains for the forint. The mark reached its continuously low at 268.50 later in the evening. This morning saw unimportant fluctuations first, after which the quarrel dress down firmed from 269 in the morning to 267.50. Currently, the forint is traded at 268 vs. the euro. USD/HUF and CHF/HUF quotes have been around 190.50 and 175.70, separately."

Rise: Portfolio Online Pecuniary Monthly

Source: Hungarian Forint Weaker Again, EUR/HUF Jumps Above 270 - XpatLoop ...