Morgan Stanley: The US dollar may weaken next year
Jinse Finance reported that Morgan Stanley strategists expect the US dollar to depreciate next year, as the Federal Reserve's rate cuts may exceed those of the European Central Bank. Slower US economic growth, uncertainty in trade policy, and limited fiscal support will further weigh on the dollar's performance, while easing global fiscal concerns will also weaken the dollar's safe-haven appeal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Machi increases long positions in HYPE and ETH again, bringing total position size to $14.5 million
In the past 3 hours, the USDC Treasury has minted a total of 750 million USDC.
