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Economy Forex News

AUD/USD falls sharply

Retail sales rose +4.9% m-o-m in October in Australia, vs. 2.5% expected. New risk aversion in the markets due to new covid variant weighs on AUD. The pair remains under pressure, close to the yearly lows set in August. The AUD/USD pair is moving sharply lower during the European session on
Economy Forex News

USD/HUF hits 18-month highs above 322.00

The Forint was oscillating in response to the Hungarian central bank’s latest rate decision. USD/HUF reached 18-month highs above 322.00, but has since fallen back towards 320.00. The Hungarian forint has experienced oscillating conditions in recent trading, with USD/HUF at one point surpassing previous weekly highs at 322.00 to touch fresh 18-month highs. Before