277 result(s) for euro currency
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungarian Forint Headed Towards 260 In Relentless Surge
- 18 Mar 2010 3:00 AM
- business
"The spectacular ascent of the Hungarian forint held out all day long on Wednesday, hitting a 15-month peak vs. the euro in the early afternoon CET. The currency was buoyed up by widespread optimism in global markets, with US stock indices close to their highest in 18 months. Elsewhere in the CEE region, the Czech koruna was at its best vs. the euro in 4 months. The forint’s performance vs. the ...
Hungarian PM Bajnai On Greece: “We Come From Where You Are Going"
- 17 Mar 2010 3:00 AM
- current affairs
"Greece needs solidarity that takes the form of financial assistance, and it should be given a helping hand, Hungary’s Prime Minister Gordon Bajnai said in a meeting with Yorgos Papandreou where the premiers shared the experiences and challenges of crisis management on Tuesday.
Hungarian Forint Trade Unruffled, Yields Continue Swift Decline
- 16 Mar 2010 2:00 AM
- business
"Friday witnessed negligible exchange rates fluctuations in the Hungarian forint market as the EUR/HUF rate remained quite stable at 266. On the other hand, government bond yields have continued to decline in secondary trade, a persistent trend observed in the past few weeks.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
When The EUR Falls, Hungary's Forint Tends To Underperform CE3 Peers
- 5 Mar 2010 2:00 AM
- business
"A better risk appetite environment should support the EUR/USD in the short term, but the cross looks to be heading lower from Q2 on, Crédit Agricole Corporate Investment Bank said on Thursday. It reminded that there have only been three other periods of EUR weakness, the last of which corresponded with the worst of the credit crisis.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungarian Forint Headed Towards 260 In Relentless Surge
- 18 Mar 2010 3:00 AM
- business
"The spectacular ascent of the Hungarian forint held out all day long on Wednesday, hitting a 15-month peak vs. the euro in the early afternoon CET. The currency was buoyed up by widespread optimism in global markets, with US stock indices close to their highest in 18 months. Elsewhere in the CEE region, the Czech koruna was at its best vs. the euro in 4 months. The forint’s performance vs. the ...
Hungarian PM Bajnai On Greece: “We Come From Where You Are Going"
- 17 Mar 2010 3:00 AM
- current affairs
"Greece needs solidarity that takes the form of financial assistance, and it should be given a helping hand, Hungary’s Prime Minister Gordon Bajnai said in a meeting with Yorgos Papandreou where the premiers shared the experiences and challenges of crisis management on Tuesday.
Hungarian Forint Trade Unruffled, Yields Continue Swift Decline
- 16 Mar 2010 2:00 AM
- business
"Friday witnessed negligible exchange rates fluctuations in the Hungarian forint market as the EUR/HUF rate remained quite stable at 266. On the other hand, government bond yields have continued to decline in secondary trade, a persistent trend observed in the past few weeks.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
When The EUR Falls, Hungary's Forint Tends To Underperform CE3 Peers
- 5 Mar 2010 2:00 AM
- business
"A better risk appetite environment should support the EUR/USD in the short term, but the cross looks to be heading lower from Q2 on, Crédit Agricole Corporate Investment Bank said on Thursday. It reminded that there have only been three other periods of EUR weakness, the last of which corresponded with the worst of the credit crisis.