HUF Market Update
21 Jul 2026 • 00:30 GMT
The Hungarian Forint remains near 90-day lows against the USD, trading around 0.003151, which is about 2.6% below its recent 3-month average of 0.003235. This decline reflects ongoing regional risk-off sentiment and investor caution amid broader geopolitical tensions and softer Hungarian inflation figures, now at 1.7%. Despite some profit-taking pressures, the HUF continues to look vulnerable, especially with expectations of further rate cuts in Hungary over the coming months.
In euros, the forint has softened slightly to around 0.002761, trading below its average and staying within a stable 5.1% range. Against the GBP, the HUF is also weaker at approximately 0.002347, down 2.7% from its three-month average. Meanwhile, the forint is nearly stable against the CHF, with only a modest 0.7% deviation from its 3-month average, and remains in a broad range against other currencies like AUD and CAD.
Overall, the HUF’s recent decline against the USD and other major currencies reflects ongoing regional risk aversion. Investors should watch upcoming data releases and geopolitical developments, which could influence the currency’s direction in the near term.
📊 Quick forecast view
🔴 Mild downside
0.0030 – 0.0030
🌍 Global risk sentiment
🟢 Uptrend
