May 11, 2012, 9:27 amGoldman Sachs expects Hungary’s forint to remain under pressure throughout 2012 as the cabinet is looking at tough talks with the International Monetary Fund (IMF) on a financial assistance programme...
April 5, 2012, 11:20 amGlobal investor sentiment has failed to improve by Thursday morning after deteriorating on Wednesday. Concerns renewed after some time, primarily over Spain’s debt. Leading western European stock...
April 4, 2012, 4:59 pmHungarian assets did not perform well in global comparison over the past month; the forint depreciated to 295 against the euro from around 288 at the end of February. But local fund managers have turned...
March 29, 2012, 4:25 pmWhile Hungary’s forint could even gain vs. key currencies after being relatively stable on Thursday morning, it started to ease markedly around noon as global investor sentiment failed to improve....
March 6, 2012, 12:30 pmSeveral foreign analyst houses have come out with sell recommendations for Hungary’s forint and their strategy has worked so far. In light of the current developments in Hungary, some strategists...
March 6, 2012, 8:45 amHungary’s forint kicked off the Tuesday session at a three-week low versus the euro, as it was unable to recover from a cc. 1% easing on Monday. Global investor sentiment is not HUF-supportive for...
March 5, 2012, 2:00 pmEventful months are behind Hungary but an even livelier period could be just ahead. Amidst a European debt crisis the debt-ridden Hungarian state is also faving funding challenges. In a world characterised...
March 5, 2012, 11:59 amThe forint kept on gaining versus the euro in February too, but in spite of that local fund managers continue to have an upbeat outlook on the Hungarian currency. However, they have turned more cautious...
January 2, 2012, 9:02 amGiven that several key currency markets are closed today, trading on the forint market is in a lull. The Hungarian currency is quoted at around 315 versus the euro, which indicates hardly no improvement...
December 22, 2011, 11:13 amHungary is planning to rely on market sources for finance and use sources flexibly, the State Debt Management Agency's (ÁKK) long-term financing plan revealed. The ÁKK plan is to source EUR 4 billion from...
December 22, 2011, 7:51 amStandard & Poor's has downgraded Hungary's sovereign debt from BBB- to BB+, which means the country now has junk rating. To make matters worse, the rating comes with negative outlook. This means Hungarian...
December 14, 2011, 8:52 amThe appreciation of the US dollar vs. the euro on Tuesday was a clear sign of markets' growing risk aversion. The same trend affected the Hungarian forint as well; the national currency has become weakened...
December 12, 2011, 8:34 amIn the wake of last week's EU summit, a relatively positive sentiment has remained prevalent in the world's leading markets; however the forint has not benefited from the optimistic mood. The currency...
December 5, 2011, 2:40 pmTrading on global money and capital markets started in favourable sentiment and this had a positive impact on Hungary’s forint too: it has appreciated 1% versus the euro in the morning session, approaching...
December 2, 2011, 10:38 amHungary needs a new national growth plan because without having and implementing one the economy would slip into recession, said Prime Minister Viktor Orbán on Friday. In an interview with public radio...
November 28, 2011, 3:33 pmGlobal investor sentiment has greatly improved over the weekend on the back of favourable news and this helped Hungary’s forint kick off the week by firming almsot 2% against the euro. The panic...
November 25, 2011, 2:17 pmMoody's placing Hungary’s credit rating into non-investment (junk) grade unsurprisingly led to forint weakening versus the euro. And global sentiment cannot provide relief either. The HUF is getting...
November 15, 2011, 4:56 pmHungary’s forint rebound from its all-time low reached versus the euro Monday evening only a bit by Tuesday morning, as the currency was not supported by worsening global investor sentiment. Tensions...
November 11, 2011, 8:25 am(Expands, adds outside views, auction results) After it turned out late on Thursday that ratings agency Standard and Poor's had mistakenly announced to some clients a downgrade of France's top "AAA" credit...
November 10, 2011, 4:46 pmGlobal sentiment turned bitter on Wednesday and it seemed at opening today that the clouds will not disperse, although the depressed mood could not be linked to any concrete news or announcement. Italian...
