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FX&Fixed Income

Hungary forint loses firming momentum - Is it just gathering strength?

The appreciation of Hungary’s forint has come to a halt in early morning trading on Thursday, as the HUF eased to above 262 to the euro. It seems the momentum faded on global markets, as well, but macro data due out overseas in the afternoon could serve as guidance for investors again. The HUF stated... 

Oh, the Greek again - Hungary's forint eases some

Hungary’s forint corrected in tandem with its regional peers on Thursday and kicked off Friday’s... 

Hungary sells HUF 40 bn 12-m bills, yield drops

Hungary’s Government Debt Management Agency (ÁKK) has received HUF 127 billion worth of bids from... 

Healthy bids, lower yields, above-plan sales at Hungary's bond auctions

Hungary’s Government Debt Management Agency (ÁKK) has received strong bids for three lots of government... 

EUR interest rates on the rise - What options do we have?

For over a year, the European Central Bank (ECB) has kept rates low in an effort to stimulate the economy... 

Hungary sells HUF 30 bn 3-m bills, yield hits new record low

The average yield at Hungary’s 3-month discount T-bill auction has dropped further from a 7-year... 

Hungary forint unable to breach key level, US jobless data may help

Following a mild depreciation on Thursday, Hungary’s forint has firmed cautiously versus the euro... 

When the EUR falls, Hungary's forint tends to underperform CE3 peers - Crédit Agricole CIB

A better risk appetite environment should support the EUR/USD in the short term, but the cross looks... 

Healthy demand for Hungary's 12-m bills at auction, yield drops

In the wake of a successful bond issue by Greece today, Hungary’s Government Debt Management Agency... 

Fund managers see Hungary's forint grow feeble - Portfolio.hu Poll

Fund managers polled by Portfolio.hu expect the forint to be quoted at weaker levels both three and 12... 

Hungary's forint is the most attractive EM currency - Credit Suisse

Hungary’s forint has topped the Emerging Markets FX Scorecard of Credit Suisse for the second consecutive... 

Hungary buys back HUF 11 bn bonds at reverse auction

Hungary's Government Debt Management Agency (ÁKK) has held reverse auctions of bonds expiring in August... 

Very muted demand for Hungary's 3-m bills at auction, yield drops

Hungary’s Government Debt Management Agency (ÁKK) has received a mere HUF 68.2 bn worth of bids... 

ANALYST VIEW - Hungary's inflation may lift HUF - BNP Paribas

Hungary’s forint may strengthen against Poland’s zloty as rising inflation in Hungary damps... 

Hungary cuts 12-m bill auction over muted demand, yield drops further

Hungary’s Government Debt Management Agency (ÁKK) has received HUF 74.2 billion worth of bids from... 

Hungary sells HUF 30 bn 3-m bills, mkt sees rate cuts ahead

Hungary’s Government Debt Management Agency (ÁKK) has received HUF 79.4 bn worth of bids on HUF... 

ANALYST VIEW - Hungary's forint set to weaken - Danske

Danske Bank has revised its outlook on Hungary’s forint, now expecting it to weaken to 280 against... 

Hungary sells HUF 30 bn 3-m bills, yield drops further

Hungary’s Government Debt Management Agency (ÁKK) has offered HUF 30 bn worth of 3-month discount... 

Govt bond yields on the rise, Hungary still fares better than peers

Yields on the secondary market of Hungarian government bonds have increased in the past few days as investors... 

Hungary cuts 12-m bill auction over muted demand

In a bleaker global mood, Hungary’s Government Debt Management Agency (ÁKK) has received HUF 94.6... 

Hungary's forint eases to EUR on disturbing news

As global mood has become bleak again, the US dollar started to gain versus the euro that set Hungary’s... 

ANALYST VIEW - There is value in Hungary's 5-yr global bonds - Morgan Stanley

Morgan Stanley has pointed to several pricing discrepancies on Hungary’s global bond curve, saying... 

Hungary's forint set to depreciate - Potfolio.hu Fund Manager Survey

Fund managers polled by Portfolio.hu expect Hungary’s forint to be weaker than the reference value... 

Hungary's forint jumps to 2-w high after opening

As global investor mood is lightening up, Hungary’s forint and its peers in CEE started Wednesday’s... 

Hungary sells HUF 40 bn 3-m bills, avg. yield at new record low

Demand for Hungary’s 3-month discount Treasury bills (D100512) was strong again (bid/cover ratio... 

FX rates
Views and Interviews

EUR interest rates on the rise - What options do we have?

For over a year, the European Central Bank (ECB) has kept rates low in an effort to stimulate the economy and curb the effects of the financial crisis... 

Hungary forint seen holding ground vs. EUR - Portfolio.hu Fund Manager Survey

Fund managers polled by Portfolio.hu do not expect large shifts in the forint exchange rate, with 72% of them projecting EUR/HUF to be no more than +/-2%... 

ANALYST VIEW - Barclays still likes Hungarian bonds despite rally

Barclays Capital continues to deem the outlook on the Hungarian government securities market favourable. In its latest research note (EMEA Strategy) BC's... 


Commentary

ANALYST VIEW - Hungary's inflation may lift HUF - BNP Paribas

Hungary’s forint may strengthen against Poland’s zloty as rising inflation in Hungary damps... 

ANALYST VIEW - Hungary's forint set to take off, firm to 245 vs. EUR by June - BofA-ML

Hungary’s forint may gain as much as 10% versus the euro in the first half of 2010 as Hungarian... 

ANALYST VIEW - It is time to sell Hungary's forint and ZAR - Danske

Over the last 24 hours Danske Bank has turned pessimistic about EMEA currencies and the total score in... 

Markets (HU)

Hungary Csányi sells EUR 5.5 m worht of OTP shares

Sándor Csányi, Chairman-CEO of Hungary's OTP Bank, sold HUF 1.49 billion (EUR 5.53 m) worth of OTP shares... 

Feeble demand for 3-m Hungarian bills, rate cut expectations cooler

Demand was unusually weak for Hungary's 3-month discount Treasury bills (D100106) at an auction held... 

Hungary forint moored to 270 vs. EUR

Hungary's forint seems to be anchored to 270 versus the euro, while we see mixed signals from global...