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Hungarian Forint Stable As Markets Await Bond Issue Results
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Hungarian Forint Stable As Markets Await Bond Issue Results
"The Hungarian forint has remained stable overnight vs. the euro at 283 amid hesitant optimism in global markets as there has been no high-impact local news to create a new trend for the national currency.


The results of 3-year, 5-year and 10-year government bond auctions, which typically serve as an acid test of investor confidence, will not be available until 11:30 a.m. CET."

Source: Portfolio Online Financial Journal


29.07.2010

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