๐ NEW: Morgan Stanley: USD May Drop Another 6% in 2025
Morgan Stanley IM CIO Jitania Kandhari says the recent rebound in the U.S. dollar is a โcountertrend rally,โ with fundamentals still pointing to further decline โ possibly another 6% this year.
U.S. investors show strong home bias, but are now actively exploring global opportunities. Kandhari favors the euro, yen, and emerging market currencies.