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MUFG: Euro could stabilize on signs of European growth resilience

MUFG’s Derek Halpenny said evidence of economic resilience in Europe may help stabilize the euro after recent losses tied to French fiscal concerns, citing Germany’s raised 2026–2027 growth forecasts.

Evidence of economic resilience in Europe should help support the euro after recent losses tied to French fiscal concerns, MUFG Bank’s Derek Halpenny says in a note. 9%