Nemo_Confidat

Overvalued (+10%) Central European Currencies vs. USD

Long
Nemo_Confidat Updated   
FOREXCOM:USDHUF   U.S. Dollar / Hungarian Forint
Inflation induced rate differentials over nominal exchange rates drove a steady (almost uniform) overvaluation of the Central European Currencies vs. the USD.
With present premiums around +10% a swift, near term correction is ever more likely.
LONG USDHUF, USDPLN, USDRON, USDCZK
Trade active:
USDHUF
LONG
If not Long yet, Buy it up!
Comment:
... and this is how it's done! :-)
+84% net and (still) going ...

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