EURHUF Price

    Other popular FX pairs

    Trading Conditions

    Symbol EURHUF
    Name Euro vs Hungarian Forint
    Quote Currency HUF
    Monday Open 00:05
    Friday Close 23:59
    Session Break 00:00-00:05
    Limit and Stop Level  0
    Execution Market
    Trading Platform MT5, Mobile App, WebTrader
    Sector Forex

    Why Trade with Baxia

    ZERO Deposit Fees

    Choose from multiple (15+) deposit options such as Skrill, Neteller, Visa/Mastercard, Crypto, Local Bank and others with zero fees.


    Global Market Access

    Trade CFD's (1000+) on a wide range of instruments including Forex, Shares, Commodities, Indices, Precious Metals, Cryptocurrency and Energy.


    6 Ways to Trade

    Trade when you want and anywhere at your convenience with Windows OS, MacOS, iOS, Android, WebTrader and even Linux.


    Sub 30ms Latency Trading

    Trades are executed through liquidity engines in LD4 and access servers in Asia, Europe and Africa.


    €20,000 Protection per Claim

    Clients are protected by the independent Financial Commission's Compensation Fund.


    24/5 Unparalleled Service

    Knowledgable and prompt service available on Live Chat, Email, Phone, Whatsapp and Telegram.


    Select Your Platform

    Choose from multiple trading options based on your preference of order types, indicators, charting tools, style of trading and operating environment.

    Key Factors Influencing EURHUF

    The EURHUF currency pair contrasts the economies of the Eurozone and Hungary. The Euro, as the currency used by most European Union countries, reflects broader EU economic health, while the Hungarian Forint specifically mirrors the economic performance and policies of Hungary.

    • Eurozone Economic Indicators:

      The Euro’s value is influenced by the overall economic health of the Eurozone, encompassing factors such as GDP growth, inflation, employment rates, and monetary policies set by the European Central Bank (ECB).

    • Hungarian Economic Performance:

      Hungary’s economic policies, growth rates, and political stability are critical in determining the strength of the HUF. As an emerging market currency, it can be more volatile compared to the Euro.

    • Interest Rate Differentials:

      The interest rate decisions by the ECB and the Hungarian National Bank (MNB) can significantly impact the attractiveness of either currency.

    • EU-Hungary Relations:

      Political and economic developments within the EU that specifically affect Hungary, including EU funding and trade policies, can influence the EURHUF pair.


    Trading Strategies for Profitable EURHUF Trading

    Engaging with the EURHUF pair in CFD trading involves understanding both macroeconomic and country-specific factors.

    Economic Data Monitoring

    Keeping a close watch on economic releases from both the Eurozone and Hungary provides insights for potential price movements.

    Policy Announcements

    Decisions and announcements by the ECB and MNB, especially regarding interest rates and economic policies, are crucial for trading this pair.

    Technical Analysis

    Employing technical analysis tools helps identify trends, support and resistance levels, and potential trade setups in the EURHUF market.

    Risk Management

    Given the potential volatility, particularly due to Hungary’s emerging market status, robust risk management strategies are essential.

    Start trading EUR/HUF now!

    Frequently asked questions

    What factors influence the EUR/HUF exchange rate?

    The EUR/HUF pair is influenced by factors such as monetary policy decisions from the European Central Bank and the Hungarian National Bank, economic indicators and developments within the Eurozone and Hungary, and broader European political and economic events.

    How do economic conditions in the Eurozone and Hungary affect EUR/HUF?

    Economic indicators like GDP growth, unemployment rates, inflation, and trade balances in both the Eurozone and Hungary can impact the EUR/HUF pair. For example, stronger economic performance in the Eurozone relative to Hungary might strengthen the EUR against the HUF.

    What are the best times to trade EUR/HUF?

    The best times to trade EUR/HUF are typically during the European trading session when market liquidity is higher, and during key economic releases from both the Eurozone and Hungary.

    What trading strategies are commonly used for EUR/HUF?

    Traders often use strategies such as technical analysis, fundamental analysis, and carry trade for EUR/HUF. The choice of strategy should be based on the trader’s risk tolerance and market analysis.

    How do interest rate decisions from the European Central Bank and the Hungarian National Bank impact EUR/HUF?

    Interest rate decisions can significantly influence EUR/HUF. For instance, if the European Central Bank raises rates while the Hungarian National Bank keeps them steady or lowers them, it could lead to a strengthening of the EUR against the HUF.

    What role does the European political and economic landscape play in EUR/HUF trading?

    Political and economic events within the European Union can impact EUR/HUF, as they can affect economic stability and confidence in the Eurozone, thereby influencing the Euro’s strength against the Hungarian Forint.

    Can geopolitical events affect EUR/HUF trading?

    Yes, broader geopolitical events, especially those affecting the European region, can influence EUR/HUF. Such events can alter investor risk appetite and lead to currency volatility.

    What should new traders know about trading EUR/HUF?

    New traders should understand the economic fundamentals of both the Eurozone and Hungary, be aware of key economic release timings, and practice effective risk management. It’s also recommended for beginners to start with a small amount to familiarize themselves with the market dynamics when trading with real money.

    Get more tools and resources for trading with Baxia Markets

    Beginner or Advanced? View our full suite of tools and resources to help traders of all levels.

    Forex Full Course

    Get started quickly with our free forex trading course for beginners to level up on your trading knowledge.

    Forex Calculators

    Evaluate your risk, monitor profit or loss for each trade & estimate trading costs with our full suite of calculators.

    Economic Calendar

    Follow high impact news and events for the financial markets including the latest economic data.

    Market Research

    Stay up to date with the latest fundamental and technical analysis from the Baxia Markets Analyst team.

    Help Center

    Find answers to common questions and topics related to trading with Baxia Markets and the trading platforms.

    Education Center

    View our collection of free educational resources to help you become a profitable trader and learn risk management.

    More Trading Opportunities

    More than 1000 CFD instruments to trade on multiple asset classes with one broker.


    Precious Metals

    Crypto CFDs