0925 GMT [Dow Jones] SEB maintains its short HUF/PLN position as the unfolding Hungarian government crisis is likely to keep HUF under pressure. Notes 50bp rate hike Monday and the outlook for further tightening won't provide enough cushion for HUF. Expects EUR/HUF to reach 274 in 3 month versus current 260. (EHB)
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(END) Dow Jones Newswires
April 01, 2008 05:25 ET (09:25 GMT) | 
