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Posted by
Two Blokes May 3 -
Filed in
Forex
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The Euro to Dollar (EUR/USD) exchange rate has settled just above 1.13 from 3-year highs above 1.1550. After a further period of consolidation, MUFG expects dollar selling will resume with 5-6% losses by the end of the year which will drive EUR/USD to 1.20 by the first quarter of 2026.
