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Forint recoups some losses, markets eye U.S. jobs data

By Anita Komuves BUDAPEST, Dec 2 (Reuters) - The Hungarian forint and the Polish zloty gained on Friday as the U.S. dollar weakened and investors awaited key jobs data from the world's biggest economy due later in the day. U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that it was time to slow rate hikes. The dollar was trading near 16-week lows against a basket of major currencies on Friday ahead of the data release.
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Currencies inch higher ahead of U.S. jobs data, S.Africa rand steadies

* S.Africa ANC chair denies Ramaphosa considering resigning * MSCI EMFX index set to end week higher * Dollar edges lower ahead of U.S. jobs data By Shreyashi Sanyal Dec 2 (Reuters) - Emerging market currencies edged higher on Friday against a shaky dollar as investors await U.S. jobs data, while South Africa's rand steadied after the country's ruling party denied President Cyril Ramaphosa was considering resigning.
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Hungarian forint weakens as markets weigh EU funds decision

By Anita Komuves BUDAPEST, Dec 1 (Reuters) - Hungary's forint extended losses on Thursday from the previous session when the European Commission approved Hungary's pandemic recovery plan, but moved to freeze funds until Budapest fulfils all agreed conditions. The EU executive also asked European Union governments to freeze 7.5 billion euros that Hungary, in a long-drawn rule-of-law dispute with Brussels on issues including independence of the judiciary, corruption and media freedom, would normal
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FX hits highest level since August on bets of Fed, China's COVID policy pivots

* Dollar tumbles as Powell says Fed to go slow * S.African rand down after panel findings against president * China's factory activity shrinks amid COVID curbs - Caixin PMI * Polish manufacturing slump drags on -PMI * Turkish factory activity contracts for 9th straight month - PMI By Bansari Mayur Kamdar Dec 1 (Reuters) - Currencies in emerging markets hit their highest level since late August on Thursday tracking global markets and weakness in the dollar after U.S.
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Hungary's forint, bond yields find support after EU funds announcement

(Updates with announcement on EU funds, market reaction, trader comment) By Anita Komuves and Alan Charlish BUDAPEST/WARSAW, Nov 30 (Reuters) - The Hungarian forint steadied on Wednesday after the European Commission approved Hungary's post-pandemic recovery plan but said that it will hold back any payouts until Budapest fulfils all agreed conditions.
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Stocks set for best monthly performance since 2009

* Hungarian forint down with EU funds in focus * EM stocks up 1.3%, FX adds 0.3% * Dollar heads for biggest monthly loss since 2010 * Turkey's economy grew 3.9% in cooler Q3 By Bansari Mayur Kamdar Nov 30 (Reuters) - Emerging market stocks were set to post the best month since May 2009, while currencies were on track to snap a five-month losing streak as the dollar weakened in November amid bets the U.S.
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Hungary's forint slides with market focus on EU funds

By Anita Komuves and Alan Charlish BUDAPEST/WARSAW, Nov 30 (Reuters) - The Hungarian forint EURHUF= slipped on Wednesday, as investors stayed on the sidelines ahead of an announcement from the European Commission due later in the day on EU funds earmarked for the country. Concerns over European Union funds have been a risk for the forint this year, while Hungary and the EU executive have been locked in rule-of-law disputes.
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Hungarian forint cools as EU funds stay in focus

PRAGUE, Nov 29 (Reuters) - The Hungarian forint cooled on Tuesday after gains in the past two sessions, but held near a one-week high as markets maintained expectations Budapest can unlock some EU funds in the coming weeks. Concerns over European Union funds have been one of the big risks for the forint this year while Hungary and the EU executive have been locked in rule-of-law disputes.
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Stocks head to best day in two weeks; currencies gain as dollar falters

* China, HK stocks up on policy relief * U.S. dollar weakens after overnight gains of 0.5% * South Africa's rand jumps ahead of unemployment data * Pakistan, IMF begin talks on $7 bln loan review * EM stocks up 2.2%, FX gains 0.3% By Bansari Mayur Kamdar Nov 29 (Reuters) - Emerging market stocks on Tuesday were on track for their best daily performance in nearly two weeks, with Chinese stocks bouncing after regulators broadened equity financing channels for developers, easing fears of a debt cri
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Hungarian forint firms as concerns over EU funds ease

By Anita Komuves BUDAPEST, Nov 28 (Reuters) - The Hungarian forint firmed slightly on Monday, adding to its gains from the previous session, as investors' concerns over negotiations between Hungary and the European Union over funds subsided. The forint EURHUF= was up 0.21% and trading at 408.10 versus the euro. Last week, the Hungarian currency was on a rollercoaster and fell as much as 415 as the unit was weighed down by media reports that the European Commission was going to withhold funding f
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Stocks, FX slide as rare China protests raise global growth concerns

* China's COVID protests roil global sentiment * Hungarian business confidence worsens in November - GKI survey * Oil prices slide on demand worries, weigh on Russian stocks, rouble * EM stocks down 1.1%, currencies off 0.4% By Bansari Mayur Kamdar Nov 28 (Reuters) - Emerging market stocks tumbled on Monday as worries about protests against COVID curbs in the world's second-largest economy weighed on global investor sentiment and currencies in the region weakened against a stronger dollar.
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Currencies move sideways as weaker dollar, EU funds in view

By Alan Charlish WARSAW, Nov 25 (Reuters) - Central European currencies were hovering close to recent levels in thin trade on Friday as investors eyed a weakening dollar and worries over European Union funding in Hungary in a market that remained subdued due to a holiday in the United States. The greenback stood close to a three-month low and was headed for a weekly loss as the prospect of the Federal Reserve slowing monetary policy tightening as soon as December preoccupied investors.
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Forint slides on EU funding fears

By Alan Charlish WARSAW, Nov 24 (Reuters) - The Hungarian forint EURHUF= weakened on Thursday after media reports that the European Commission was going to withhold funding for Budapest due to concerns over the rule of law. On Wednesday, German paper Frankfurter Allgemeine Zeitung reported citing unnamed sources that European Commission officials have concluded that Hungary has not sufficiently fulfilled its promises on the fight against corruption and will recommend 7.5 billion euros be earmark
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Forint plunges, bond yields rise as investor nerves tested on EU funds

(Updates with forint and bond market moves, trader comments) By Anita Komuves BUDAPEST, Nov 23 (Reuters) - The Hungarian forint weakened on Wednesday while bond yields rose on a German media report, which said the European Commission could recommend that member states freeze 7.5 billion euros from three cohesion programs earmarked for Hungary. The currency EURHUF= gave up gains from earlier in the day and was down 0.56% on the day and trading at 409.20 per euro by 1402 GMT.
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Forint extends gains with talks over EU funds in focus

By Anita Komuves BUDAPEST, Nov 23 (Reuters) - The Hungarian forint firmed on Wednesday, adding to gains from the previous session as it was supported by high central bank interest rates and investor hopes for a deal on European Union funds. The forint EURHUF= traded 0.22% stronger on the day at 406 per euro after the central bank left its base rate at 13% on Tuesday and pledged to maintain tight monetary conditions for a "prolonged period".
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Hungary's forint, bond yields stable after cenbank leaves rates unchanged

(Updates with cenbank decision, market reaction, trader comment) By Anita Komuves BUDAPEST, Nov 22 (Reuters) - The forint was little moved on Tuesday and bond yields were stable after the National Bank of Hungary (NBH) left its base rate unchanged, as expected, while markets eyed a press briefing scheduled for 1400 GMT. The forint EURHUF= was down 0.22% on the day and trading at 408.60 per euro, a touch weaker than it was right after the rate announcement.
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Hungary's forint, bond yields stable as investors eye cenbank meeting

By Anita Komuves BUDAPEST, Nov 22 (Reuters) - The forint eased on Tuesday while government bond yields held stable as markets assessed the Hungarian government's decision to cap interest rates on large commercial bank deposits and focus turned to the central bank rate meeting later in the day. Long-term bond yields were unmoved after a drop of about 25 basis points in the previous session.
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Forint retreats further as EU funds stay in focus

PRAGUE, Nov 21 (Reuters) - Hungary's forint led losses in central European currency markets on Monday as U.S. dollar gains cooled investor sentiment in the region, with traders also watching for more signs Budapest can unlock frozen European Union funds. The forint EURHUF= fell 0.7% to 410.0 to the euro in low-liquidity trading, extending losses from last week.
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Forint pares losses, talks on EU funds in focus

By Anita Komuves BUDAPEST, Nov 18 (Reuters) - The Hungarian forint firmed on Friday, outperforming its regional peers as it recouped some losses from the previous session when it fell as uncertainty grew over the prospects for a Hungarian deal on European Union funds. The forint EURHUF= was up 0.6% at 409.10 per euro, but still nearly 10% weaker for the year, underperforming central European currencies.
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Hungarian forint weakens, bond yields rise with EU funds in focus

(Updates with forint move, bond auction results, trader comments) By Anita Komuves BUDAPEST, Nov 17 (Reuters) - Hungary's forint went on a rollercoaster ride on Thursday while long-term government bond yields rose amid uncertainty over the prospects for a Hungarian deal on European Union funds. The forint EURHUF= gave up early morning gains and was down 0.93% on the day and trading at 414.30 per euro, a three-week low as investors were scrutinising reports of negotiations between Hungary and the
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