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HUF: MNB opens cautious rate‑cut cycle – Commerzbank

Commerzbank’s Tatha Ghose reports that Hungary’s MNB has started an easing cycle with a 25 bp cut to 6.25%, justified by improved inflation dynamics and stable markets.
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AUD/USD jumps as hot CPI fuels RBA tightening bets

The Australian Dollar rallies over 0.80% against the US Dollar on Wednesday, courtesy of a red-hot inflation report, which increased speculation of further tightening by the Reserve Bank of Australia (RBA). At the time of writing, the AUD/USD trades at 0.7118 after bouncing off daily lows of 0.7057.
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