Hungarian Forint Slides To Weekly Low Against U.S. Dollar
January 03 2020 - 3:38AM
RTTF2
The Hungarian Forint declined against the U.S. dollar in the
European session on Friday, as a U.S. airstrike in Baghdad killed a
top Iranian commander, rattling global markets.
Iranian Major-General Qassem Soleimani, head of the elite Quds
Force, has been killed by the U.S. in the early hours.
The move sparked fears of fresh conflict between Washington and
Tehran.
The Hungarian Forint fell to a weekly low of 297.09 against the
greenback from yesterday's closing value of 294.40. The next likely
downside target for the currency is seen around the 302.00
level.
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