MUFG
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British Pound: Rebound on easing fiscal and inflation fears – MUFG
MUFG’s Lee Hardman highlights a strong recovery in the Pound and gilts as UK fiscal and inflation concerns ease. GBP/USD has bounced…
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US Dollar: Stronger on hot inflation and yields – MUFG
MUFG’s Michael Wan describes how a stronger US Dollar environment emerged as United States (US) April Consumer Price Index (CPI)…
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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…
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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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