ChainCatcher News: According to Kinase Reports, analysts at Bank of Tokyo-Mitsubishi UFJ point out that due to the Federal Reserve’s rate cuts potentially exceeding market expectations, the US dollar will face further depreciation this year. Federal Reserve Chair Jerome Powell stated that monthly job additions may have been overstated by 6,000 since April. Analysts suggest that the US is actually losing jobs, and improvement in conditions would be extremely rare with monetary policy remaining tight. Bank of Tokyo-Mitsubishi UFJ forecasts that by Q4 2026, the EUR/USD exchange rate will rise from the current 1.169 to 1.24.
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Mitsubishi UFJ prévoit que le dollar américain chutera d'ici 2026, tandis que l'euro face au dollar atteindra 1,24
ChainCatcher News: According to Kinase Reports, analysts at Bank of Tokyo-Mitsubishi UFJ point out that due to the Federal Reserve’s rate cuts potentially exceeding market expectations, the US dollar will face further depreciation this year. Federal Reserve Chair Jerome Powell stated that monthly job additions may have been overstated by 6,000 since April. Analysts suggest that the US is actually losing jobs, and improvement in conditions would be extremely rare with monetary policy remaining tight. Bank of Tokyo-Mitsubishi UFJ forecasts that by Q4 2026, the EUR/USD exchange rate will rise from the current 1.169 to 1.24.