MUFG
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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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JPY: Energy shock impact seen more contained – MUFG
MUFG’s Head of Research Derek Halpenny notes that the Japanese Yen was one of the best G10 performers in March and argues…
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NOK: Energy support and Norges Bank hawkish shift – MUFG
MUFG analysts note that NOK has outperformed most European peers during the Middle East conflict, supported by Norway’s energy exporter…
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EUR/USD: Conflict keeps downside risks in play – MUFG
According to MUFG’s Derek Halpenny, the ECB’s communication and achievement of its price stability goal leave it in a relatively…
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