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Hungarian Forint Drops Against U.S. Dollar After Rate Cut
(RTTNews) - The Hungarian forint weakened against the U.S. dollar on Tuesday, as the National Bank of Hungary reduced the base rate by 100 basis points, as expected.
The base rate was reduced to 9 percent from 10 percent.
The Hungarian forint was trading at 360.03 against the greenback, down from an early 5-day high of 357.87. The currency is seen finding support around the 375.00 level.
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The Hungarian forint advanced against the U.S. dollar in the European session on Tuesday, as Hungary's central bank lifted its benchmark rate at a sharper-than-expected pace.
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Tuesday.
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Asian Shares Mixed In Cautious Trade; US Inflation Data Eyed
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Antipodean Currencies Rise On US-China Trade Deal Impact
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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Australia NAB Business Confidence Rises, Conditions Fall
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4 ชม. 16 นาทีที่ผ่านมา
