- Analytics
- News and Tools
- Market News
- EUR/HUF: A large rate cut in Hungary should not have much negative impact on Forint – ING
EUR/HUF: A large rate cut in Hungary should not have much negative impact on Forint – ING
EUR/HUF has hit its lowest levels since early September in recent days. Economists at ING analyze Forint’s outlook ahead of the National Bank of Hungary (NBH) meeting.
Positive on the HUF for today
We expect the central bank to start the second phase of interest rate normalisation with a 50 bps cut in the base rate.
In the event of a 50 bps cut, the market has some room to correct short-term expectations towards smaller cuts further out, which would be positive for HUF. On the other hand, if NBH surprises with a 75 bps rate cut, it should not have much negative impact on HUF given market expectations priced in here.
See – Hungary: Strong cut to put pressure on HUF – Commerzbank
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
