Wall Street anticipates a collapse of the American dollar's value 💵
The American financial conglomerate Morgan Stanley, citing the risks of trade wars initiated by U.S. President Donald Trump, predicts that by 2026, the dollar's exchange rate against the euro will drop to 1.25, which is higher than recent pessimistic estimates (1.12-1.15).
At JPMorgan, no exact figures are provided, but they advise betting on the euro 💶 and yen 💴 instead of the dollar, while Goldman Sachs Group speaks of problems for the dollar amid "complications with tariffs."
