Forint is not out of the woods, yet
Despite some modest HUF strenghtening EURHUF looks always bullish as hell. Hungary's central bank MNB announced bigger steps in rate hikes, projecting 8% by the end of the year. Plus, elections coming ahead and none of the results favouring HUF in the short term. Viktor Orban's 4th consecutive win would give HUF a great pressure, assuming the continuation of the forint weakening. A change in the governing political party would lead the country to a really uncharted territory with unknown political actors and measures.
Trade ativo
Ok, so OV won again. I expect forint to reach 400 in this year if no hard measures are taken against forint weakening, what is unlikely.Nota
Ah, and if for some reason forint gains some momentum just double down on your buys. Safe profit for 4 years at least I guess.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.