Hungarian Forint: Holding firm against Euro below key resistance - Societe Generale

Hungarian Forint: Holding firm against Euro below key resistance - Societe Generale

Source: EODHD - https://www.fxstreet.com/news/hungarian-forint-holding-firm-against-euro-below-key-resistance-societe-generale-202608250948
Published: Aug 25, 2026 5:48 AM

Societe Generale strategists expect Hungary's central bank, Magyar Nemzeti Bank (MNB), to cut rates by 25 bp to 5.50% today, with dovish July minutes and softer-than-expected inflation leaving room for further easing.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.