EUR/HUF to move on global factors in trading Monday, during what is expected to be a generally quiet day without any significant events on the agenda, Raiffeisen says. It sees HUF retaining its current levels while continuing to underperform against other emerging-market currencies, because of domestic uncertainties and doubts about Hungary's efforts to secure an international financing agreement. EUR/HUF is expected to trade Monday in a range of 280.15 to 284.30, Raiffeisen adds. EUR/HUF currently trades at 282.55, from 281.25 late Friday.
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