MUFG Says Dollar Remains Undervalued Against G10 Currencies
Hyperdash NewsFXMUFG reports the U.S. dollar is undervalued against 8 of 9 G10 currencies, indicating an extra risk premium is priced in. The bank cites expectations for a Middle East ceasefire and concerns over Fed independence. The DXY remains near a seven-week low despite a small rebound.
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