The forint quickly reversed its losses after the release of US inflation data.
The forint started the day weakly, weakening to levels not seen since April and May due to the escalating Iranian conflict. However, surprisingly low US inflation data in the afternoon led to a turnaround in expectations regarding interest rates.
The forint started the day weakly, weakening to levels not seen since April and May due to the escalating Iranian conflict. However, surprisingly low US inflation data in the afternoon led to a reversal of expectations regarding interest rates.
