- EUR/HUF to edge lower near-term, Forint to resume underperformance in 2024 – Commerzbank
Noticias del mercado
20 febrero 2023
EUR/HUF to edge lower near-term, Forint to resume underperformance in 2024 – Commerzbank
The Forint rallied strongly over the past month. Economists at Commerzbank see the HUF staying strong during 2023 but once again in 2024, they forecast a weaker Forint when the Euro resumes depreciating.
HUF underperformance will likely resume during 2024
“HUF’s rally might extend modestly further in the near-term as inflation begins to moderate – in this window, we see EUR/HUF in the 380 range.”
“We forecast a weaker Forint subsequently in 2024 when inflation proves stubborn globally, and the Euro resumes depreciating.”
Source: Commerzbank Research
Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir cuenta demo y página personal