CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
The base currency – CHF. The counter currency – HUF. The CHF to HUF rate shows how many Hungarian forints are needed to buy one Swiss franc. The Swiss franc is the official currency of Switzerland and Liechtenstein, which is sometimes nicknamed as the ‘Swissie.’ The currency is abbreviated as ‘SFr.’ or ‘Fr.’ One Swiss franc includes 100 centimes. The Swiss National Bank issues the banknotes and controls the monetary policy. Switzerland has a safe economy, heavily reliant on foreign investments. HUF circulates in the Republic of Hungary and is issued by the Hungarian National Bank. Introduced in 1946, the Hungarian forint is abbreviated as ‘Ft.’ and subdivided into 100 fillér. The Hungarian government has delayed adopting the euro until 2020 due to economic issues. Receive the recent exchange rates of HUF to the Swiss franc at Capital.com.
Explore the ongoing AUD/USD downtrend ahead of Australia's GDP data release. Understand economic drivers, RBA policy, and technical signals impacting the Australian Dollar.
Higher-than-expected monthly CPI data watered down expectations for RBA interest rate cuts in 2024; the markets will now shift attention to quarterly GDP data on Wednesday, June 5.
09:55, 5 September 2024
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