TechFlow, June 2 — According to Jinshi News, Morgan Stanley Research strategists Vishwanath Tirupattur and Serena Tang stated in a report that the continued weakness of the U.S. dollar over the next 12 months remains a key theme for Morgan Stanley Research. They said, "We expect the dollar to remain under pressure as U.S. interest rates and economic growth converge with those of its peers." Rising foreign exchange hedging flows have led to a further increase in risk premiums, which will add to downward pressure on the dollar. Other safe-haven currencies such as the Japanese yen, Swiss franc, and euro are expected to benefit.
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