MUFG

Asia FX – Divergent paths under Hormuz scenarios – MUFG

MUFG economists Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee outline a base case where the reopening of…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »