Forint firms; rate pause seen ahead of central bank
Hungary's forint edged higher Monday on the eve of a central bank meeting expected to show monetary policy easing has paused. Polish bond yields showed little response to a Moody's ratings cut.
Hungary's forint edged higher on Monday, remaining near the middle of its recent range ahead of a central bank meeting expected to show that monetary policy easing has paused, while Polish bond yields were little changed after Moody's cut its rating. Central European currencies have mostly weakened.