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The Hungarian forint strengthened to near 363 per euro during the week after the US midterm results shifted expectations and markets saw a greater chance of an end to the Iran war. Brent fell from above $112 a barrel the previous week to below $95 on Wednesday, then closed Friday at $98.32, while a weaker dollar and lower global energy prices supported the forint.
Lower oil prices reduce costs for energy-import-dependent Hungary and can support the forint; the oil-price decline is bearish for Brent.
index.huRádi BalázsNov 8, 2026After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
