MUFG
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GBP: Political risks build but currency holds – MUFG
Derek Halpenny at MUFG highlights that United Kingdom (UK) Gilt yields have jumped sharply, echoing past episodes of political and…
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USD/JPY: Intervention buys time as risks persist – MUFG
MUFG’s Derek Halpenny argues that recent Japanese authorities’ action around the 160 level in USD/JPY likely reflects renewed intervention, with…
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EUR/USD: Correction unfolds as ECB nears decision – MUFG
MUFG’s Lee Hardman highlights that EUR/USD has slipped back below 1.1700 as the Euro corrects lower into the ECB meeting. Rising Oil…
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EUR/GBP: Hawkish BoE repricing offsets politics – MUFG
MUFG’s Lee Hardman highlights that the Pound (GBP) has outperformed, pushing EUR/GBP to new lows as markets price a more…
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USD/IDR: Upside risks widen on fiscal concerns – MUFG
Lloyd Chan at MUFG highlights that USD/IDR has broken to fresh highs, overshooting earlier expectations for near-term stabilization. The move…
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USD: Softer tone as conflict risk eases – MUFG
MUFG’s Senior Currency Analyst Lee Hardman notes the US Dollar (USD) has retreated, with the US Dollar Index (DXY) back…
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EUR/GBP: Recovery extends as energy risks ease – MUFG
Lee Hardman at MUFG observes that both Euro (EUR) and Pound (GBP) have fully reversed their initial Middle East conflict…
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Asian FX: Energy shock risks weigh on regional currencies – MUFG
MUFG’s Senior Currency Analyst Lloyd Chan highlights that Asia is highly exposed to potential energy flow disruptions through the Strait…
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USD: Escalation risks support Dollar strength – MUFG
MUFG’s Lloyd Chan notes that persistent geopolitical tensions around Iran are reinforcing USD strength. Elevated US yields, resilient labour data…
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USD/INR: Regulatory squeeze supports Rupee – MUFG
MUFG’s Senior Currency Analyst Michael Wan analyzes new RBI measures restricting Indian Rupee non-deliverable derivatives and recent limits on onshore USD/INR positions.…
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