US Dollar Depreciation Deepens as Morgan Stanley Warns Bears Persist
US dollar depreciation has reached two-year lows this week, and Morgan Stanley is warning that bearish pressure isn’t done yet. The investment bank forecasts continued weakness driven by expected Federal Reserve rate cuts, diminishing safe-haven status, and also mounting forex market volatility that threatens to extend the currency’s decline further. Also Read: De-Dollarization Gains Momentum: 50+ Countries Abandon US Dollar Dominance Understanding US Dollar Depreciation Amid Fed Cuts And Market Volatility Source: noticsdash.com Morgan Stanley Warns US Dollar Depreciation Will Continue Right now, Morgan Stanley’s strategists are forecasting that US dollar depreciation will persist throughout 2025. Their USD forecast points to both fundamental and also technical factors working against the greenback. Morgan Stanley strategists stated: “We forecast that the US dollar (USD) will continue its year-to-date depreciation, driven by both fundamental and technical factor...