- USD set to lose strength, offering breathing room to others.
The U.S. Dollar could struggle to extend its gains over the coming months, according to analysts at MUFG, who forecast that the greenback will cede ground to a number of it developed world rivals before year-end.
- Trade war developments, midterm election both USD headwinds.
MUFG's forecast update comes at the tail end of a month where strength in the Dollar index began to wane, with the benchmark sitting largely unchanged at the end of September after rising around 7% during the six preceding months.
- GBP, EUR and AUD will rise before year-end, NZD is sidelined.
