Mitsubishi UFJ has projected a further weakening of the U.S. dollar by 2026, anticipating a 5% drop in the dollar index. According to Derek Halpenny, the dollar has likely peaked and is set for a multi-year decline. The bank expects the euro to rise to 1.24 against the dollar as the Federal Reserve is predicted to cut interest rates three to four times, while the European Central Bank maintains its current rates, bolstering the euro's strength. This shift could impact the dollar's strength against cryptocurrencies, with CFT measures remaining in place amid policy divergence.