Further, headline consumer price inflation slowed to 3.2% in November from 3.3% in October, only adding to expectations of further monetary policy easing by the central bank, which kept its main lending rate on hold at 3.5% last month.
"Maybe the central bank cuts rates again and weakens the carry trade, that could be a reason for a pullback. Except for that, we should be expecting a confirmation of the strength." The Hungarian forint reversed some of its recent losses against the euro ahead of the EU summit on Thursday.
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