EUR/HUF to settle below 380 for the rest of the week – ING EURHUF Hungary InterestRate Banks
NBH will remain cautious, patient and disciplined
“The NBH has made it clear that priced-in rate cuts are not on the table at the moment, which should keep FX carry by far the highest in the region. This was the main reason why the Forint was one of the most popular macro trades within the EM space during January and February.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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