MUFG

2026 FX Outlook: Post-Peak USD World

LIVE19 December 2025USD bearish

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USD/KRW

Name: Investment Bank FX Research Directory
Creator: FX Bank Forecast
License: https://fxbankforecast.com/terms
Keywords: bank FX research, investment bank reports, FX strategy, institutional research directory, bank forecasts

WGBI inclusion drives structural portfolio inflows. Tech cycle recovery supports

Moderately Bullish

MUFG Forecast Path

Cross-Firm Forecast Comparison

Key Drivers

WGBI inclusion

Tech cycle

BOK policy

Current account

Geopolitical risk

All Firm Targets (Dec '26)

JPMNeutral1440.00

INGModerately Bullish1400.00

BARCModerately Bullish1390.00

MUFGModerately Bullish1385.00

GSBullish1380.00

BofABullish1370.00

MSBullish1360.00

DBBullish1350.00

Analysis Summary

WGBI inclusion drives structural portfolio inflows. Tech cycle recovery supports export earnings. BOK on hold maintains carry. USD/KRW to decline to 1385 by year-end.

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FX BANK FORECAST · COVERAGE

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Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.