Morgan Stanley: US Dollar May Weaken Next Year

BlockBeats News, October 27th: A Morgan Stanley strategist predicts that due to the Federal Reserve's interest rate cut possibly exceeding that of the European Central Bank, the US dollar will show a depreciating trend next year. The slowing US economic growth, trade policy uncertainty, and limited fiscal support will further suppress the dollar's performance, while the easing global fiscal concerns will also weaken the dollar's safe-haven appeal. (Bloomberg)