FX&Fixed Income

In the EMEA FX space, the Czech koruna, Poland’s zloty and especially Hungary’s forint look attractive at current levels, HSBC said in its latest currency strategy published on Wednesday. Meanwhile... 

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 of 2009. Corporations have benefited by borrowing... 

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% from the reference level three months from now.... 

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

The vulnerability of Hungary's forint is falling as the country's twin deficits narrow substantially and while the central bank (NBH) is likely to continue its easing cycle, the HUF should be stabilised...