Goldman Sachs advises traders to short the euro against the Hungarian forint amid Hungary's potential euro adoption.
The bank lowered its EUR/HUF forecasts to 355, 350, 345 for 3‑, 6‑, 12‑month horizons, from 390, 380, 375.
New trade recommendation sets a short target of 350 with a stop‑loss at 372, while the forint was around 361.
Analyst Teresa Alves notes a 10% move from Thursday’s close would match historical overvaluation and regional peer valuations.