Hungarian Forint: Recovery tied to euro entry story – ING

Hungarian Forint: Recovery tied to euro entry story – ING

Source: EODHD - https://www.fxstreet.com/news/hungarian-forint-recovery-tied-to-euro-entry-story-ing-202608260940
Published: Aug 26, 2026 5:40 AM

ING’s Chris Turner reports that the National Bank of Hungary cut its policy rate by 25bp to 5.50%, with Chief Economist Peter Virovacz seeing a 4.75% terminal rate.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.