News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
M Stanley Predicts 9% Depreciation in USD; EUR/ JPY/ CHF to Benefit
Morgan Stanley has released a report forecasting that the USD will sink to levels seen during the COVID-19 pandemic by mid-2026 due to rate cuts and slowing economic growth, with t...
Reset
Send
The window will close in 5 seconds
M Stanley Predicts 9% Depreciation in USD; EUR/ JPY/ CHF to Benefit
Close
Recommend
1
Positive
4
Negative
4
 
 

Morgan Stanley has released a report forecasting that the USD will sink to levels seen during the COVID-19 pandemic by mid-2026 due to rate cuts and slowing economic growth, with the US Dollar Index expected to dive by around 9% to 91.

Trade disputes are heaping pressure on the USD, exacerbating its recent downtrend. While interest rates and currency markets have begun to show sustained significant momentum, a nosedive in the USD, coupled with a steepening of the yield curve, is foreseeable.

Related NewsSpot USD/CNY Sinks 37 bps to Close at 7.1953
In Morgan Stanley's estimates, the biggest beneficiaries of a weak USD will be the EUR, JPY and CHF. It anticipated that EUR/ USD would rise from its current level of around 1.13 to around 1.25 next year. Benefiting from arbitrage activities and lower trade tension risks in the UK, GBP/ USD could rise from 1.35 to 1.45. USD/ JPY might also strengthen from about 143 to 130.

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.