[Morgan Stanley: If Risk Appetite Improves, the Dollar May Weaken in the Coming Months] Reported by Golden Finance, May 11 — Morgan Stanley strategists stated in a report that if risk appetite improves, the dollar may weaken in the coming months. They noted that in the context of strong U.S. earnings boosting the stock market, positive risk appetite has room to push the dollar lower. However, they emphasized that this view is contingent on upcoming U.S. data not being too weak to trigger downward revisions in earnings expectations, nor too strong to spark discussions about Federal Reserve rate hikes. Otherwise, they believe the dollar should benefit from the narrowing interest rate differential between the Federal Reserve and the European Central Bank. The DXY Dollar Index remained flat at 97.903, and Morgan Stanley expects the index to reach 95.000.