Morgan Stanley: The US dollar will remain weak in the next 12 months

ChainCatcher news, according to Jin Shi reports, Morgan Stanley Research strategists Vishwanath Tirupattur and Serena Tang stated in a report that the continued weakness of the dollar over the next 12 months is a key theme for Morgan Stanley Research.

Vishwanath and Serena said: "We expect the dollar to continue to weaken as U.S. interest rates and economic growth converge with peers." The increase in foreign exchange hedging flows has led to a further rise in risk premiums, which will increase the selling pressure on the dollar. Other safe-haven currencies such as the yen, Swiss franc, and euro are expected to benefit from this.