Weak U.S. employment data may exacerbate expectations for a decline in the dollar

According to Jin Ten's report, Morgan Stanley's strategists pointed out in a report that if the upcoming U.S. employment data and the decisions from the European Central Bank and the Bank of Japan this week lead to unfavorable interest rate differentials for the dollar, the dollar could fall to new lows. If the non-farm payroll report released on Tuesday is weak, it may intensify market expectations for the Federal Reserve to cut interest rates again in the first quarter of next year.