EUR/HUF: Forint rally could end soon, but still popular within CEE region – ING EURHUF Hungary Banks
EUR/USD will not deliver another significant boost anytime soonwill not deliver another significant boost anytime soon and the market has almost fully normalised after the March turmoil.”
“We believe the forint may touch 370 EUR/HUF in the foreseeable future, but 375 EUR/HUF will remain the point of gravity. Nevertheless, by far the highest carry in the region and the normalisation story after a negative year will, in our view, keep the Forint popular within the CEE region and thus continue to be our currency of choice.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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