Morgan Stanley Predicts Dollar Depreciation Amid Fed Rate Cuts

According to BlockBeats, Morgan Stanley strategists anticipate a depreciation of the U.S. dollar next year, driven by the likelihood of the Federal Reserve implementing more significant rate cuts compared to the European Central Bank. The dollar's performance is expected to be further hindered by a slowdown in U.S. economic growth, uncertainties in trade policy, and limited fiscal support. Additionally, the easing of global fiscal concerns is likely to diminish the dollar's appeal as a safe-haven currency.