Morgan Stanley: The dollar will peak before the end of the year and enter a "bear market pattern" in 2025
Morgan Stanley predicts that the strong US dollar will peak before the end of the year, and then enter a "bear market pattern", slowly declining until 2025. The bank believes that given the Bank of Japan will raise interest rates, and the Reserve Bank of Australia's easing actions will be gradual, therefore, the Japanese yen and Australian dollar have the greatest potential to rise next year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
TON launches Teleport BTC to enable Bitcoin cross-chain interoperability
Analysts predict: Stablecoins may account for 10% of US M2 and foreign exchange transactions
CryptoQuant CEO: Bitcoin's market share is unlikely to decline rapidly
Clanker Co-creation: After the Clanker contract upgrade, users can receive a 40% fee share