- Analytics
- News and Tools
- Market News
- Sweet spot for further USD weakness during H2 – MUFG
Sweet spot for further USD weakness during H2 – MUFG
The US Dollar weakened further in July as it fell to fresh year-to-date lows. Economists at MUFG Bank analyze Greenback’s outlook.
US Dollar to rebound in the H1 of next year
We expect the US Dollar to weaken further through the rest of this year.
The main risk to our view would be if US inflation proves more sticky than expected thereby limiting room for Fed cuts, and/or if the US economy becomes too hot or too cold.
In our forecast profile, we show the US Dollar beginning to rebound in the H1 of next year to reflect the risk of a sharper US/global slowdown in response to tighter monetary policy that boosts demand for safe havens such as the USD.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
