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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.
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 ...
[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 .
In an environment of dollar weakness, the bank expects that EUR/USD will strengthen to 1.25 by the middle of 2026 and a bullish case could drive the pair to 1.30. Morgan Stanley expects that the ...
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 ...