MUFG: Permanent Damage To Dollar Confidence, Q1 2026 EUR/USD Forecast 1.20By Editor / June 3, 2025 MUFG: Permanent Damage To Dollar Confidence, Q1 2026 EUR/USD Forecast 1.20 Author: MUFG sees scope for EUR/USD to weaken in the near term, especially with a relatively hawkish Fed, but expects that it will secure further net … EUR/USD news