EUR/HUF Exchange Rate Holds Steady Amid ECB Reserve Contraction

The EUR/HUF exchange rate is currently trading at Ft365.571, reflecting a modest daily gain. The pair remains above its short- and medium-term moving averages but below its longer-term trend average.

A contraction in the European Central Bank's (ECB) foreign currency reserves by EUR 0.5 billion to EUR 348.4 billion for the week ending August 14, 2026, has been reported. This minor reduction suggests subtle liquidity adjustments and balance sheet management by the central bank.

Technical analysis indicates strong short-term bullish momentum in EUR/HUF, with a projected price range of Ft363.743 to Ft367.399 over the next two to three days. However, this is accompanied by overbought technical indicators and limited reversal risk.