Morgan Stanley: The dollar will peak by the end of the year and enter a bear market in 2025

ChainCatcher news, Morgan Stanley expects that the strength of the dollar will peak by the end of the year, after which it will enter a bearish trend, slowly declining in 2025. The bank believes that, given the Bank of Japan will raise interest rates, while the Reserve Bank of Australia will take a gradual approach to easing, the yen and the Australian dollar have the greatest potential for appreciation next year.