Morgan Stanley: If the Federal Reserve avoids raising rates, the US dollar may weaken

ChainCatcher news, according to Golden Ten Data, Morgan Stanley strategists stated in a report that if market risk appetite returns and the Federal Reserve avoids raising interest rates, the US dollar may weaken over the next few months. They pointed out that positive risk sentiment is unfavorable for the US dollar, but if the US economy outperforms other countries, it could support the US dollar. The European Central Bank and Bank of Japan are expected to raise interest rates this month, and a narrowing interest rate differential will encourage increased risk appetite, putting pressure on the US dollar.