Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
6 December 2022 | Other

MUFG Bank: Russian rouble will weaken in 2023, as well as the U.S. dollar

GBPUSD
EURUSD
USDJPY
USDCAD
USDRUB

This year, the Russian rouble has become one of the few currencies that managed to outperform the U.S. dollar. It showed sharp and significant growth from March to June. However, according to the forecast of economists at the Japanese MUFG Bank, the rouble’s strengthening will stop in the upcoming year, and it will weaken again.

This forecast is based on such factors as Russia’s reduced income from energy exports, the impact of sanctions, and a further weakening of capital controls.

The bank’s specialists also pay some attention to the U.S. dollar, which even after its recent downward correction remains higher than other major currencies. Nevertheless, next year it might weaken, as well as the Russian rouble.

Company MarketCheese

Recommended

United States. Atlanta Fed GDPNow. The value of the indicator has decreased from 5.1% to 5%
34 minutes ago
United States. Michigan 1-Year Inflation Expectations. The value of the indicator remained at the same level of 4.6%
56 minutes ago
Canada. Retail Sales (MoM). The value of the indicator has increased from -0.8% to -0.7%
Yesterday at 12:36 PM
United States. Current Account. The value of the indicator has decreased from -212.6B to -246B
Yesterday at 12:36 PM
Japan. Manufacturing PMI. The value of the indicator has decreased from 54.9 to 54.1
Yesterday at 12:32 AM
Top news
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
Yesterday at 7:32 AM
European Union. Manufacturing PMI. The value of the indicator remained at the same level of 52.7
23 September
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
22 September
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 1% to 1.25%
18 September
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
17 September
All news

Forecasts

EURUSD sell
Period: 31.10.2026 Expectation: 1700 pips
Selling EURUSD on fundamentally strong dollar
FA Other TA Other
Today at 10:00 AM 10
Bruce_Powers
Gold sell
Period: 31.10.2026 Expectation: 4000 pips
Go short on gold with $4,300 in mind
FA Other TA Other
Yesterday at 04:54 AM 24
Bruce_Powers
Brent buy
Period: 31.10.2026 Expectation: 100 pips
Buy Brent crude upon breaking $104.60
FA Other TA Other
Yesterday at 04:54 AM 21
Bruce_Powers
GBPUSD sell
Period: 02.11.2026 Expectation: 1700 pips
GBPUSD sell-off targets 1.3200
FA Other TA Other
22 September 2026 36
Bruce_Powers
AUDCAD buy
Period: 31.10.2026 Expectation: 300 pips
Buying AUDCAD with 1.0000 in sight
FA Other TA Other
21 September 2026 43
Bruce_Powers
USDJPY buy
Period: 31.10.2026 Expectation: 700 pips
Invest in USDJPY up to 157.70
FA Other TA Other
21 September 2026 34
McCarthy_Raymond
Go to forecasts