USD: Stretched USD Set For A Weak Path Coming Months; Where To Target? – MUFG

The US Dollar is now attempting to recover from the blow it received from Jerome Powell’s dovish speech. What can we expect down the road? Here is their view, courtesy of eFXdata: MUFG Research discusses the USD outlook and maintains a structural bearish bias through the year. MUFG current DXY-related currency forecasts imply a 6.3% dollar depreciation […]

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