MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EURHUF Pares Majority of Earlier Losses

HUF
EURHUF has recorded a moderate uptick since the US data, coinciding with the underlying bid in EURUSD. The cross has erased the majority of its earlier losses and is now down just 0.15% on the day. Nevertheless, the forint is still performing in-line with its regional peer CZK, but lagging PLN.
  • CE3 FX has largely been a function of the global risk picture recently and sensitivity of the currencies to UST yields has been increasing. Therefore, market participants will look ahead to tomorrow’s US inflation print as the “higher-for-longer” theme continues to loom over global markets.
  • Domestically, there is little of note for the remainder of the week, with the next NBH rate decision on Oct 24 entering focus. As we noted earlier, there is no consensus among sell-side regarding the NBH's next move.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.