others
An even weaker Forint in 2024 – Commerzbank – Crypto News
The Forint is underperforming once again. Economists at Commerzbank share their EUR/HUF forecast.
Forint to regain some ground by the end of the year
We forecast the Forint to regain some ground by the end of the year because inflation is likely to moderate faster than the pace at which MNB will cut rates, and the real interest rate will therefore become less negative – in this window, we see EUR/HUF in the 375 range.
But, we forecast a weaker Forint subsequently in 2024 because EU relations and monetary policy will remain fundamental negative factors for the HUF.
Source: Commerzbank Research
-
Cryptocurrency1 week agoOpenAI’s GPT-6 Astra Is Shockingly Good at Almost Everything – Crypto News
-
De-fi5 days agoMemecoin degens are providing the spark for Wall Street to turn stock tokens into real capital – Crypto News
-
Cryptocurrency4 days agoThe dilution trap where Bitcoin holdings rise while shareholder value stalls – Crypto News
-
Blockchain2 days agoWhy Clichmont Is Building AI Infrastructure Instead of Renting It – Crypto News
-
De-fi1 day agoXRP holders could earn new yield, but getting out may take up to 60 days – Crypto News