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Greenback losing recent gains against Hungarian forint lately

Analysis

During the Asian deals on Monday, the Greenback drifted down slightly versus the Hungarian Forint and touched a low of 182.53 at 12:25 am ET.

Soon after, the pair bounced back completely and this came ahead of the release of the Hungary retail sales data for the month of April. The Greenback carried over its uptrend amid the release and collected 183.82 by about 4:00 am ET. The pair then lost ground slightly and as of 6:41 am Eastern Time, it was worth 183.34. (rttnews.com)

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