2012.06.06 10:16:07 MARKET TALK: Euro/Forint to Test 300 Level - Raiffeisen

0816 GMT [Dow Jones] The euro/forint rate is expected to test the 300 level, Raiffeisen says, citing a cautiously optimistic international environment that could lead to HUF gains. Raiffeisen expects EUR/HUF to mainly be determined by international events, as there are no major domestic releases of macroeconomic data Wednesday. The only regional development that could shift investor sentiment is a base-rate decision in Poland, but the dominant forecast is for a hold decision, it adds. Raiffeisen traders see EUR/HUF in the range of 300.45 to 303.45 in Wednesday's trading. EUR/HUF is at 299.13, from 303.01 late Tuesday.(gergo.racz@dowjones.com) Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com (END) Dow Jones Newswires June 06, 2012 04:16 ET (08:16 GMT)