- Hun core above MNB target -> rate increase probably in March
- wage growth steadily above 10%
- GDP growth above expectation, 5% yoy
The eco picture resembles scenario the Czech case from 2017 where the started raising rates (wage pressure, , housing prices) and the korona strengthened 6-7%.
- EURHUF short trend
- 318 resistance tested, move above rejected -> next support weekly 200 DMA @ 313
- EURHUF short opened, carry in favor
- Be patient, next rate decision 26th Feb