Morgan Stanley: The U.S. dollar may peak before the end of the year and enter a "bear market pattern" next year

Morgan Stanley expects the dollar's strength to peak by the end of the year, after which it will enter a "bear market pattern" and slowly fall in 2025. The bank believes that the yen and the Australian dollar have the greatest potential to rise next year, given that the Bank of Japan will raise interest rates and the Reserve Bank of Australia's easing actions will be gradual. (Jinshi)