- Analytics
- News and Tools
- Market News
- US Dollar: Unlikely to be a fundamental trigger to reverse the weakening trend heading into year-end – MUFG
US Dollar: Unlikely to be a fundamental trigger to reverse the weakening trend heading into year-end – MUFG
The US Dollar has continued to weaken over the holiday period. Economists at MUFG Bank analyze Greenback’s outlook.
No let up for USD selling over holiday period
In the absence of important economic data releases and/or central bank speakers, there is unlikely to be a fundamental trigger to reverse the US Dollar’s weakening trend heading into year-end.
If inflation continues to slow at the start of next year, it will become harder for the Fed to justify keeping the policy at current restrictive levels.
© 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
