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December 17, 2024

USD/HUF Gains Ground Ahead of Major Rate Decisions

The Hungarian forint (HUF) strengthens slightly against the US dollar ahead of crucial decisions from both the Federal Reserve and Hungary’s central bank. The USD/HUF pair trades at 390, just below the year-to-date high of 398. As traders position themselves for potential currency shifts, monitoring these developments will be essential for effective trading strategies. Expect volatility as key decisions are announced.

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