According to Odaily, Morgan Stanley Research strategists Vishwanath Tirupattur and Serena Tang have indicated that the U.S. dollar is expected to remain weak over the next 12 months. They attribute this anticipated decline to the convergence of U.S. interest rates and economic growth with those of its peers. The strategists noted that increased foreign exchange hedging flows are contributing to a rise in risk premiums, which in turn is likely to exert additional selling pressure on the dollar. Safe-haven currencies such as the Japanese yen, Swiss franc, and euro are expected to benefit from this trend.