Hungarian Forint
TraderTools adds RMB and MXN to EM liquidity pool
The platform provider has launched 16 currency pairs in its Unique Liquidity Network in the last six months
ParFX adds Hungarian forint
EUR/HUF and five other currency pairs are now available on the electronic platform
CLS starts settling Hungarian forint payments
After two years of preparation and testing, the forint joins the CLS universe
CLS sets go-live date for Hungarian forint
CLS and Hungary's central bank launched the forint project in February 2014
CLS on track with Hungarian forint adoption
Currency will be added to settled units in November
Hungary and Poland resilient to SNB action
Despite FX exposure to CHF in Hungary and Poland, the region is safe against exchange-rate swings
Hungary targets forint entry into CLS
Hungary's central bank has committed itself to bringing the currency into CLS, FX Week understands, and sources believe it could be added as early as next year
Investors seek alternative forex hedges for euro crisis
Australian dollar, renminbi and CE3 currencies touted as alternative macro hedges for European debt woes
Turkish intervention poses threat of inverted currency war
A wave of intervention by Turkey and Poland’s central banks to strengthen the lira and the zloty could lead to an inverted currency war if other central banks follow suit, according to strategists. Chiara Albanese reports
Saxo steps up options pricing on SaxoTrader
Danish investment bank reduced spreads on FX options in mid-May and created new standardised account structure
ParkerFX makes small gain in May
STAMFORD, CT - The Parker FX Index has reported a return of 0.14% for May, as currency markets were marked by risk aversion amid fears of a double-dip recession, increased risk contagion from the European sovereign debt crisis and significant declines in…
Deutsche fined for Hungarian FX swaps
BUDAPEST - Deutsche Bank has been fined $455,441 by the Hungarian regulatory authorities for manipulating the forint to profit from foreign exchange swaps trades entered with local banks.
Forint outperformance: Is it sustainable?
Audrey Childe-Freeman, senior currency strategist at Brown Brothers Harriman in London, analyses the sustainability of recent Hungarian forint strength.