“MUFG Predicts Supportive External Factors Will Drive Down USD/JPY Exchange Rates!”
The Japanese yen is expected to continue its strengthening trend despite recent setbacks, as the country’s economy continues to experience growth and the U.S. dollar becomes devalued. Economists at MUFG Bank believe that the external backdrop is supportive for a lower USD/JPY, which remains significantly overvalued. One reason for this outlook is the ongoing loss […]
“Oil and BoC Shifts Offer Exciting Opportunities: Unveiling MUFG’s Lower Scope Predictions”
The USD/CAD is heading towards its lowest weekly close since February, falling below 1.3400. Analysts at MUFG Bank believe that the Canadian Dollar has the potential for short term outperformance. They have expressed caution regarding the prospects for CAD, stating that it will most likely be a laggard compared to most of the G10 currencies […]
“MUFG Bank Predicts Significant Dollar Value Drop due to Mediocre NFP Report – Exclusive Analysis!”
Each day brings more data that suggests the US economy could be weakening more abruptly than assumed only recently. In the view of economists at MUFG Bank, weakening US data is set to weaken the US Dollar further. Concerns regarding weaker growth have increased since the ISM Manufacturing Employment Index dropped to 46.9, indicating that […]