euro and Australian dollar. Morgan Stanley also listed the euro and the yen among the biggest winners from the greenback’s slide, along with the Swiss franc. The euro climbed to a more than five ...

The dollar will tumble to levels last seen during the Covid-19 pandemic by the middle of next year, hit by interest rate cuts and slowing growth, according to predictions by Morgan Stanley.

[SINGAPORE] The US dollar will tumble to levels last seen during the Covid-19 pandemic by the middle of next year, hit by interest rate cuts and slowing growth, according to predictions by Morgan ...

The dollar may fall a further 9% by this time next year as the US economy slows and the Federal Reserve cuts rates, Morgan Stanley said. European currencies will be among the biggest beneficiaries .

As Wall Street voices fears over the potential for US assets to lose their edge against international peers, Morgan Stanley says a waning dollar could be the stock market's saving grace.

Morgan Stanley predicts the US Dollar Index will fall by 9% over the next 12 months. The bank's strategists cite factors such as interest rate cuts and the rising strength of other currencies.

(Bloomberg) -- Wall Street banks are reinforcing their calls that the dollar will weaken further, hit by interest-rate cuts, slowing economic growth and President Donald Trump’s trade and tax policies ...

“We think rates and currency markets have embarked on sizeable trends that will be sustained — taking the US dollar much lower and yield curves much steeper — after two years of swing trading within ...