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Swiss franc likely to gradually depreciate against euro in coming months

Bank of Thailand keeps key policy rate on hold at 0.50 pct

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U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

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Daily technical outlook for EUR/HUF: Societe Generale

Wednesday, February 18, 2015 11:07 AM UTC

Quotes from Societe Generale Cross Asset Research:

-EUR/HUF is hovering close to a multiyear upward trend line support of 305/303, also the 38.2% retracement of up move since August 2012 lows.

-With weekly RSI closing in on a support, 305/303 will be an important level. Short term, the pair is forming a probable double bottom and a break above 311 will confirm an up move towards 318.

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Daily technical outlook for EUR/HUF: Societe Generale

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