MUFG: Higher U.S. Yields and Middle East Tensions Support the Dollar
2026-07-28 02:48:21
According to Jin10, MUFG senior foreign exchange analyst Lloyd Chan said the dollar may receive short-term support from elevated U.S. Treasury yields and continued tensions in the Middle East. Chan added that this week's Federal Reserve decision is likely to be a key market catalyst, with attention focused on whether policymakers still lean toward tightening policy.
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