News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Wall Street
More View more
Real Time News
  • Slippage can be a common occurrence in forex trading but is often misunderstood. Understanding how forex slippage occurs can enable a trader to minimize negative slippage, while potentially maximizing positive slippage. Learn about FX slippage here:
  • Forex Update: As of 08:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.45% 🇬🇧GBP: 0.32% 🇦🇺AUD: 0.18% 🇨🇭CHF: 0.10% 🇨🇦CAD: 0.04% 🇯🇵JPY: -0.00% View the performance of all markets via
  • Indices Update: As of 08:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.49% France 40: 0.45% Germany 30: 0.45% US 500: 0.34% Wall Street: 0.25% View the performance of all markets via
  • 🇫🇷 Business Confidence (JAN) Actual: 98 Expected: 94 Previous: 93
  • Heads Up:🇪🇺 European Council Meeting due at 08:00 GMT (15min)
  • Turkey weighs end to dividend freeze for banks - BBG $TRY
  • Chinese Commerce Ministry: China will take measures against actions undermining interest - BBG $USDCNH
  • EUR/USD Hovering Above Support as ECB Rate Decision Shifts into View - #ECB $EUR $EURUSD
  • 🇮🇩 Interest Rate Decision Actual: 3.75% Expected: 3.75% Previous: 3.75%
  • Chinese Commerce Ministry: Importance of relations with the United States is self-evident - BBG $USDCNH
HUF Depreciates Following Trade Balance Announcement

HUF Depreciates Following Trade Balance Announcement

Michael Romero,

Talking Points:

• HUF Falls With Trade Surplus.

• December Trade Surplus Reaches EUR 322 Million.

• Exports and Imports Increase in December 2014

The Forint depreciated on Monday as Hungary reported a trade surplus that amounted to EUR 322 million in December 2014 according to the Hungarian Central Statistical Office. The trade surplus came in above leading economists’ expectations of EUR 279.5 million, however shrank severely from November 2014’s reading of EUR 843.1 million.

In EUR terms, exports increased by 9.2 percent, while imports increased by 7.8 percent in the twelfth month of 2014 as compared to December 2013. The trade surplus amounted to 97 million compared to the corresponding month of 2013. In December 2014 exports amounted to EUR 6.4 billion (HUF 1,991 billion), while imports came in at EUR 6.1 billion (HUF 1,892 billion). The surplus on the trade balance was EUR 322 million (HUF 100 billion). From January 2014 to December 2014, the value of exports was EUR 84.5 billion (HUF 26,055 billion) and imports crossed the wire at EUR 78.0 billion (HUF 24,048 billion). As a whole exports grew by 3.9 percent and imports flourished by 4.3 percent. The surplus on the yearly trade balance was EUR 56 million less than in the year 2013.

HUF Depreciates Following Trade Balance Announcement

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.