Central European Currencies Strengthen as Markets Await U.S. Fed Rate Decision
Central European currencies, including the Hungarian forint and Polish zloty, have shown slight gains as markets anticipate the U.S. Federal Reserve's interest rate decision. The Hungarian forint, in particular, has appreciated by over 7% this year, bolstered by the country's high interest rates and easing inflation. Investors are closely watching the Fed's decision, which follows a contentious policy debate, with expectations of a potential rate cut. The anticipation of the Fed's decision has created a calm trading environment, with regional currencies maintaining stability.