Analisa / Berita Forex
EUR/HUF expected lower in 12-month – Danske Bank Pablo Piovano
11:23 23 May /2016 Forex
Jakob Christensen, Head of EM Research at Danske Bank, expects the Hungarian Forint to advance further within a year’s time.
“Due to a combination of looser monetary policy and weakening economic growth, the HUF has weakened slightly more than expected”.
“We could see further weakening of the forint as we approach the UK EU referendum in June”.
“However, in the base case of the UK staying in the EU, we expect a gradual strengthening of the forint over the next year as growth is also expected to strengthen”.
“Hence, we forecast EUR/HUF at 317 on 1M, 312 on 3M-6M and 310 on 12M”.
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The USD/CHF pair staged a goodish recovery on Monday and has now reversed its previous session losses to one-month low.Currently trading around 1.0120 region, 15-pips off session peak level of 1.0136, a broad based 15:46 16 January /2017 Forex
Research Team at Danske Bank suggests that while transparency is low behind the recent CNH move at the start of the month and presents their take on the move below.Key Quotes‘China has been very concerned about rising outflows and feared an acceleration in January a
15:23 16 January /2017 Forex