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 (11:03)

- 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 - 10:58 - Fixed Income - Source: RANsquawk

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: