HUF makes a comeback
NEWS
The forint moved some 3% between Wednesday October 4 and Thursday 12, after short positions in the currency unwound. Caio Natividade, strategist for Deutsche Bank in London said the move was unsurprising given the lack of impact recent negative news has had on the unit. "There was very little sensitivity to bad news for the forint, which indicated a friendly picture for the unit. A Japanese credit agency downgraded the country and the unit went up showing that the market was expecting the
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