Morgan Stanley Predicts Decline in U.S. Dollar Amid Economic Shifts

According to BlockBeats, Morgan Stanley anticipates a weakening of the U.S. dollar as confidence grows in the Federal Reserve's continued interest rate cuts and the U.S. economic growth aligns more closely with other economies. The decrease in demand for safe-haven assets and investor hedging activities may further pressure the dollar. The financial institution forecasts that by mid-2026, the U.S. Dollar Index (DXY) will fall to 91.00. Currently, the index has risen by 0.3%, standing at 98.893.