ING: US-Iran Tensions Keep Forint Under Pressure

ING's Frantisek Taborsky highlights that escalating US-Iran geopolitical tensions are fueling risk-off sentiment, which continues to weigh on the Hungarian forint (HUF). The negative market mood overshadows a sparse economic data calendar for Central and Eastern Europe, leaving the forint vulnerable.

Taborsky’s commentary comes as regional currencies face broader headwinds from global risk aversion. With no major domestic catalysts on the horizon, the forint's near-term trajectory remains tied to external factors, including developments in the US-Iran situation.