AJ Clausen's  Instablog

This currency pair represents a classical carry trade:
The Hungarian Forint is a high interest currency, based on a lot of hopes and promising development possibilities, but hampered by poor political elites and lack of discipline in economical matters. On the other side, the mighty United States, an economic superpower without any doubt, with extreme low interest rates and in the process of a weakening currency.
If you care about economical fundamental data, chances are you correctly abhor such an idea. But due to the high interest differential at the moment, certainly worth a try.

Sell 182,45       Stop Loss  200,80     Take Profit   146,40.