Morgan Stanley: The US dollar will continue to weaken in the next 12 months

Odaily Planet Daily News: Morgan Stanley Research's strategists Vishwanath Tirupattur and Serena Tang stated in a report that the continued weakness of the US dollar over the next 12 months is a key theme for Morgan Stanley Research. They said, 'We expect the US dollar to continue to weaken due to the convergence of US interest rates and economic growth with its peers.' The increase in foreign exchange hedging flows will lead to a further rise in risk premiums, which will increase selling pressure on the US dollar. Other safe haven currencies such as the Japanese yen, Swiss franc, and euro are expected to benefit from it. (Golden Ten)