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 (05:03)
- 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 - 04:58
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2130 London time
Teams of analysts covering equities, fixed income, FX and energy markets
Real-time scrolling news service
Daily and weekly pre-market research and calendars
Intra-day market update videos
Daily technical analysis