CoinVoice has recently learned that according to Jinshi Data, Jitania Kandhari, Chief Investment Officer of Morgan Stanley Investment Management, stated that the dollar's recovery earlier this week is a 'counter-trend rebound', while its fundamentals still point to a decline. 'This is a counter-trend rebound, but the long-term fundamentals still indicate that the dollar will further decline, possibly depreciating another 6% this year.'

US investors need time to diversify away from domestic assets, as 'there is a serious domestic preference among US investors', but the clients she is in contact with are actively inquiring about opportunities in other parts of the world. She currently favors the euro, yen, and emerging market currencies.[Original link]