USD hits new high as UK faces market moving week: The Global Markets FX Week Ahead Podcast

The US dollar has softened into the end of the week after hitting another new closing high on Thursday. This week, Derek Halpenny, Head of Research Global Markets EMEA & International Securities,  and Simon Mayes,  Head of UK and Ireland Corporate Sales, discuss the outlook for the US dollar while looking ahead to the key events next week – the ECB meeting and result of the Conservative leadership election in the UK.

Derek also provides an update to the MUFG FX forecasts and explains why USD/JPY could move further higher still after breaking the key 140-level.

Disclaimer: www.mufgresearch.com (PDF)