US EditionThe Forint May Soon Be Pushed Underwater, but a Mysterious Force Is Still Keeping It Afloat
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According to ING Bank's analysis, a calm period is expected in the foreign exchange market in August, which could be favorable for the forint, as the popularity of carry trades may continue. However, the fiscal loosening before the 2026 elections may pose a risk, according to the analysis of <a href="https://www.portfolio.hu/deviza/20250804/hamarosan-viz-ala-nyomhatjak-a-forintot-de-meg-a-felszinen-tartja-egy-titokzatos-ero-777749" target="_blan…
August promises to be calm on the foreign exchange market, so the popularity of the carry trade seen in recent months may persist, which could be good news for the forint, according to a recent analysis by ING Bank. Signs of a loosening of fiscal discipline are already visible ahead of the 2026 parliamentary elections, which could be a warning sign for investors, but analysts do not expect a mass flight from the forint market because of this.
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