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MUFG: Dovish Fed surprise could weaken USD

MUFG expects the FOMC to keep rates on hold with a hawkish tone and December largely priced, but notes a dovish surprise could weaken the US Dollar.

Original · FXStreet AI summary of public reporting

Why: Dovish Fed surprise weakens USD → boosts EUR

EUR

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Prices since publication

At publication → Current
EUR1.113 → 1.113−0.0%
JPY157.70 → 157.82+0.1%
MUFG: Dovish Fed surprise could weaken USD | SignalHub