News Headline Summary

EUR/HUF extending gains in recent trade which comes ahead of an expected cut from the Hungarian central bank when they announce their monthly interest rate decision tomorrow

Analysis details (12:03)

- Stops also said to have been taken out in the recent accent to session highs at 286.41.
- All surveyed analysts are expecting the central bank to cut rates by 25bps to 5.75% when they announce rates at 1300GMT on Tuesday.

17 Dec 2012 - 11:58 - Fixed Income - Source: RANsquawk

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