Good news for the ‘superweights’? Morgan Stanley excludes that the dollar will recover in 2024 – El Financiero
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/elfinanciero/HMRAB6EK4BDN5NPG6CP5LMQTDE.jpeg?w=1200&resize=1200,630&ssl=1 "Good news for the ‘superweights’? Morgan Stanley excludes that the dollar will recover in 2024 – El Financiero")
Morgan Stanley, one of the few remaining dollar bulls, lowered its outlook for the dollar, citing falling Treasury yields following the Federal Reserve’s dovish turn. The bank changed its outlook for the dollar from bullish to neutral, but said seasonality and short positions could still push gains further. The bank had been betting on a … Read more