Hungarian Forint: Domestic improvement versus global headwinds – ING

ING’s Frantisek Taborsky reports Hungary’s new fiscal path projects the deficit falling to 2.8% by 2030, aligned with Euro adoption plans, while the National Bank of Hungary keeps rates at 5.50% and stresses caution amid global uncertainties. EUR/HUF trades in a tight 362–364 range, with positioning corrections and future direction seen hinging on global developments and energy prices.