Tag: fx

« previous 20 articles 1 / 228  

Hungarians go crazy for new superbond - will it have to be reined in?

July 2, 2019, 12:00 pm
The new so-called superbond, Hungarian Government Security Plus (MÁP+) has been an unequivocal success so far, with subscriptions over the first four weeks totalling more than HUF 1,000 billion. Believe... 

Hungary gov't securities creep towards historic low

June 28, 2019, 11:35 am
The interest rate of 10-year Hungarian treasury bills has dropped more than 50bp over the last two months, largely owing to global factors. This has pushed subscribed volumes near an all-time low, while... 

Hungary sells HUF 500 bn of new super bond in a week

June 12, 2019, 10:05 am
Hungary’s new retail government security, the Hungarian Government Security Plus (MÁP+) is popular and successful, with more than HUF 500 billion sold in a single week, Finance Minister Mihály Varga... 

Hungary forint keeps falling due to large-scale bets against it

May 30, 2019, 9:56 am
Foreign investors have taken up substantial positions against the forint on recent weeks, nearly to the magnitude seen in March after the Hungarian central bank's symbolic interest rate hike. This easily... 

Hungary's forint eases amidst dour global investor sentiment

May 6, 2019, 10:19 am
Hungary’s forint kicked off the week by weakening slightly versus the euro and it remains north of 323. Moody’s could have given the HUF some breathing space at the end of last week, but the... 

Rate hike by Hungary's central bank weakens forint

March 26, 2019, 3:27 pm
Hungary's forint has started to weaken abruptly as the central bank's (MNB) Governor stated at a press conference that today's decision was just a stand-alone case, and it does not signal the start of... 

Are you surprised by the forint rally? It may be just the beginning!

January 25, 2019, 4:52 pm
Hungary’s forint may be appreciating some more in the coming weeks, as the central bank (NBH) now appears to be accepting the inevitable, namely that it will need to start monetary tightening sooner... 

Hungary to issue no FX bonds in 2019

December 28, 2018, 11:23 am
No international foreign bond issues are expected for 2019, the Finance Ministry and the Government Debt Management Agency (ÁKK) said at a joint press conference on Friday. This means that aside from domestic... 

Hungary forint seen depreciating markedly in 2019 - analysts

December 5, 2018, 9:08 am
Hungary’s forint was found to be the second riskiest Emerging Market currency in November, up from the sixth spot in October in Nordea Bank’s ranking of 33 EM currencies, i.e. the Danish bank... 

Cenbank or Moody's could nudge Hungary's forint out of lull

November 19, 2018, 8:37 am
We should not expect much excitement on the forint’s market at the start of the week, as the central bank’s policy meeting on Tuesday is unlikely to deliver any surprise. Moody’s last... 

Hungary is in cautious camp when it comes to euro adoption - Orbán

November 9, 2018, 4:26 pm
Hungary needs to be about when it comes to adopting the euro as it should remain open toward other parts of the world, Hungary’s Prime Minister Viktor Orbán said on Friday. We want to be an integral... 

Hungary forint turns back from 1.5-month high versus euro

October 3, 2018, 9:41 am
As tensions about Italy’s budget have eased, Hungary’s forint strengthened against the euro on Wednesday morning, and breached two key technical barriers, although it did give back some of... 

Hungary forint teetering towards 325 vs. euro again

September 24, 2018, 8:50 am
Hungary’s forint started Monday flat versus the euro, close to 325. HUF strengthening in the first half of last week proved to be short-lived. In the meantime, the USD is trying to correct is recent... 

Hungary forint approaching a brick wall

September 14, 2018, 10:35 am
Hungary’s forint was flat against the euro on Friday morning, starting the day at around 324. In the meantime, the euro has settled down a bit after yesterday’s sharp firming that was triggered... 

Hungary forint spooked yesterday - Which way to go from here?

September 13, 2018, 8:35 am
Hungary’s forint weakened in wake of the European Parliament’s decision on Wednesday to adopt a report accusing Hungary of several breaches of the EU’s core values. By the evening, though... 

HUF could hit all-time low versus euro after Hungary censure motion passes

September 12, 2018, 5:24 pm
After the abrupt weakening of the Hungarian currency, sentiment could easily turn negative on the forint market now that the European Parliament adopted the Sargentini Report saying Hungary is posing... 

Hungary forint starts day at 325 versus euro

September 12, 2018, 8:46 am
Hungary’s forint started trading on Wednesday around 325 versus the euro, while the US dollar crossed south of 1.16 against the single European currency. Emerging markets are relatively calm, even... 

Hungary forint remains unfazed by inflation data

September 11, 2018, 9:11 am
Hungary’s forint started the day by moderate appreciation and it is currently quoted at 324.5 against the euro. Further direction for the HUF may be affected by the upcoming inflation data. Meanwhile... 

Hungary plans panda bond sale, FinMin says

September 6, 2018, 5:21 pm
Hungary is looking to sell its second bond on the domestic Chinese market in as many years, encouraged by foreign demand for its debt during an emerging-markets selloff, Bloomberg cited Finance Minister... 

Hungary forint suddenly gains strength, gets close to 326 vs. EUR

August 31, 2018, 10:13 am
Turkey’s lira has firmed markedly on Friday morning, which also helped Hungary’s forint a bit and the last technical barrier before 330 stopped the HUF versus the euro. HUF takes a sharp... 
« previous 20 articles 1 / 228