Tag: huf

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Hungary forint gains abruptly

July 16, 2013, 12:24 pm
Hungary’s forint temporarily firmed to 291 versus the euro on Monday amidst favourable global investor sentiment and it has been hovering close to 292, an important technical level. In the morning... 

Hungary forint back around 1-m high versus euro

July 15, 2013, 3:52 pm
China’s second quarter GDP figure (+7.5%, down from +7.7% in Q1 and 7.9% in Q412) did not cause much of negative surprise, allowing the favourable sentiment on global money and capital markets that... 

ANALYST VIEW - Goldman Sachs long-term bearish on Hungary's forint

July 15, 2013, 11:09 am
Hungary’s forint remains sensitive to demand for Emerging Market assets and the outlook for global rates, strategists at Goldman Sachs said in a research note. In their view, however, the more cautious... 

Hungary forint eases as sentiment worsens

June 28, 2013, 3:10 pm
The favoruable investor sentiment that characterised global markets on Thursday has lingered on on Friday morning, but started to turn dour later in the day. Sentiment on developed stock markets worsened... 

Hungary forint firms, but sentiment remains fragile

June 26, 2013, 8:51 am
Buyers are beginning to return to global markets, but they remain wary of the risks. After a rise of U.S. stock market indices Asian markets have already closed with mixed results. This wavering attitude... 

Hungary forint steady after c.bank delivers expected rate cut

June 25, 2013, 2:07 pm
Whereas investor sentiment remains dim in Asia also today, this has failed to infect European markets which have even picked up some. Before that Hungary’s forint has managed to appreciate in several... 

Forint not buoyed by Hungary's formal exit from EDP

June 21, 2013, 2:40 pm
Investors have calmed down on Friday after panicky mood swept through markets late on Wednesday and Thursday. In line with expectations, EU finance ministers have today approved Hungary's exit from the... 

Hungary forint awaits Fed decision, Bernanke at weak levels

June 19, 2013, 9:23 am
Following some depreciation on Tuesday emerging market currencies started to stabilise on Wednesday and accordingly Hungary’s forint has not ventured far from the 294 level versus the euro. The Federal... 

Hungary forint gets woozy from tax hike news then keeps steady

June 17, 2013, 1:54 pm
The first day of the (school) summer holiday started well for Hungary’s forint as it ventured south of the 290 mark versus the euro. The amicable investor sentiment, however, vanished swiftly as... 

Hungary forint packs biggest gain among EM peers this week

June 14, 2013, 3:35 pm
Global investor sentiment has greatly improved since Thursday afternoon, which helped Hungary’s forint continue its fast appreciation versus key currencies. The strength of the HUF, however, may... 

Hungary forint weathers chilly foreign winds well, gains more in afternoon

June 13, 2013, 3:08 pm
Global investor sentiment that has been turning ever dimmer since late Wednesday triggered and a plunge on Asian stock markets on early Thursday and also a selling spree in Europe. In the face of such... 

Hungary forint firming gathers momentum around noon

June 12, 2013, 12:17 pm
After significant depreciation during the day and some recovery at the end of the Tuesday trading session Hungary’s forint kicked off Wednesday trading in a relatively good shape and it palpably... 

Hungary forint eases to 1.5-month low vs. EUR, then recovers some

June 11, 2013, 4:19 pm
Hungary’s forint approached the 300 mark versus the euro on Monday and it has crossed north of that level on Tuesday amidst gloomy global investor sentiment. The HUF slumped to a 1.5-month low to... 

Hungarian fund managers turn more upbeat on longer-term HUF prospects

June 5, 2013, 5:07 pm
Hungary’s forint has a rough month in May, as it fluctuated in a 14-unit range versus the euro. Local fund managers polled by Portfolio.hu have turned more upbeat about the longer term (12 months)... 

How seriously is Hungary's forint at risk?

May 31, 2013, 12:27 pm
Hungary’s forint eased by 10 units versus the euro and the Swiss franc over a three day period, after a recent rally, whereas it is now five units weaker against the US dollar. On Friday morning... 

Hungary forint stuck north of 296 vs. euro

May 31, 2013, 11:55 am
On Wednesday, the forint failed to capitalize on the good news that the European Commission recommended abrogating the excessive deficit procedure (EDP) for Hungary. And as a result of the combination... 

Hungary forint firms to 3-month high vs. euro awaiting c.bank chief Matolcsy

May 16, 2013, 9:45 am
Global risk appetite remains strong as stock indices on developed markets are conquering new highs and so Hungary’s forint reached a three-month high versus both the euro and the Swiss franc by Thursday... 

Hungary forint unfazed by new package of corrective measures

May 10, 2013, 2:32 pm
Hungary’s forint maintains its strength on Friday, as the additional fiscal adjustment measures announced by Economy Minister Mihály Varga have not brought about a meaningful shift in EUR/HUF. ... 

ECB sends Hungary's forint on roller coaster ride, big HUF recovery at the end

May 2, 2013, 4:50 pm
Hungary’s forint has an excellent start on Thursday and purchases in London gave the HUF a boost to 296 versus the euro. A press conference by European Central Bank (ECB) President Mario Draghi... 

Hungary auctions off bonds at all-time low average yields

May 2, 2013, 12:00 pm
Hungary’s Government Debt Management Agency (ÁKK) witnessed strong bidding for all three maturities at its biweekly bond auction on Thursday. As a result it allotted more of all instruments than... 
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Latest news

00:17 | Hungary should start looking behind U.S. travel ban and into corruption - Goodfriend

21:48 | Hungary open to examining corruption allegations raised by U.S. - Szijjártó

16:06 | Hungary forex loans to be converted at spot rate in H1 2015 - sources

15:35 | Hungary Foreign Ministry to sack amost a quarter of its staff

15:11 | Hungary Fidesz proposes cap on new Internet tax - caucus chief

14:48 | Hungary Magyar Telekom says planned Internet levy undermines broadband developments

14:10 | Hungary's Navracsics stripped of citizenship brief, given sports instead as EU commissioner

12:30 | ANALYST VIEW - New Internet tax to cost Hungary's MTel HUF 18 bn a year

11:35 | Hungary 12-month T-bill auction fails on lack of interest (2)

10:07 | Hungary's planned Internet tax may be capped - Fidesz official

09:47 | Hungary set to bypass EU over South Stream with law amendment

17:11 | Hungary to impose Internet levy in 2015, tax plans show

16:48 | What will the U.S. travel ban cost the Hungarian economy?

16:01 | Hungarian gov't slaps new levy on Magyar Telekom

15:12 | Hungary EcoMin did not ask tax chief on involvement in U.S. travel ban

14:34 | Hungary will keep special taxes even in 2015 - minister

12:17 | Hungary may be unsuitable to remain U.S. ally - top U.S. diplomat

09:39 | Hungarian economy shows subdued wage growth in August

09:18 | European Anti-Fraud Office on U.S. travel ban on Hungarian citizens

08:18 | ANALYST VIEW - Barclays downgrades Hungary's Richter, cuts TP too

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