EUR/HUF: Potential for a positive breakout on an EU deal later this year – ING EURHUF Hungary Eurozone Banks
We continue to see a working framework for the coming weeks in the 368-378 EUR/HUF range.
We believe that the market will use weaker levels as a new entry point to build positions in the Forint to benefit from a still very attractive carry. On the other hand, at the lower end of the range, bets will rise on more easing, limiting HUF upside.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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