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KM Financial Solutions | CEE MARKETS-Forint, crown give back gains as US-Iran tensions grow
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CEE MARKETS-Forint, crown give back gains as US-Iran tensions grow

05 Jan CEE MARKETS-Forint, crown give back gains as US-Iran tensions grow

Posted at 09:47h in News by
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Hungary’s forint retreated to a
key level against the euro on Monday as central Europe’s
currencies gave up some recent gains amid growing U.S.-Iranian
tensions that hit sentiment in the region.
The Czech crown also fell and backed off 20-month peaks hit
last week, bidding at 25.386 to the euro, down 0.2%.
The forint, after touching a nearly two-week high in new
year trade, fluctuated around 330 per euro as traders expected a
test of the resistance level. I

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