Morgan Stanley: Under expectations of a slowdown in the U.S. economy, the dollar will depreciate by 9%.

Jin10 data reported on June 2, Morgan Stanley expects that due to the impact of interest rate cuts and economic growth slowdown, the US dollar will fall to levels seen during the COVID-19 pandemic by mid-next year. The bank's strategist Matthew Hornbach and others predicted in the report that a commonly used measure of the dollar will decline by about 9% from current levels. As trade turmoil continues to pressure the dollar, this will exacerbate the recent fall of the dollar.

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GateUser-1f0cca38vip
· 06-02 03:59
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