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View Full Version : Forint Advances for Fourth Week as SocGen Abandons Bearish Call - Bloomberg



NewsWhore
01-27-2012, 01:40 PM
Forint Advances for Fourth Week as SocGen Abandons Bearish Call (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEPH8ZjhdV_03_N_GqpkgGAuSDItg&url=http://www.bloomberg.com/news/2012-01-27/forint-has-longest-rally-since-2005-as-socgen-ends-bearish-call.html)
Bloomberg
The forint gained for a fourth week on bets Hungary will obtain a bailout and as investor sentiment improved for riskier assets, with Societe Generale SA (GLE) abandoning its “bearish” position on the country's currency. The forint rallied 3.3 percent ...

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