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Morgan Stanley: The U.S. dollar will peak before the end of the year and enter a "bear market pattern" in 2025

Morgan Stanley: The U.S. dollar will peak before the end of the year and enter a "bear market pattern" in 2025

CointimeCointime2024/11/25 13:44
By:Cointime

Morgan Stanley predicts that the strong US dollar will peak before the end of the year and then enter a "bearish market trend", slowly declining until 2025. The bank believes that due to the Bank of Japan's rate hikes and gradual easing actions by the Reserve Bank of Australia, the potential for the yen and Australian dollar to rise next year is the greatest.

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