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

According to Jinshi reports, Morgan Stanley strategists stated in a report that if market risk appetite rebounds and the Federal Reserve avoids raising interest rates, the dollar may weaken in the coming months. They pointed out that positive risk sentiment is unfavorable for the dollar, but if the U.S. economy performs better than other countries, it may provide support for the dollar. It is expected that the European Central Bank and the Bank of Japan will raise interest rates this month, and the narrowing interest rate differential will encourage an increase in risk appetite, thereby putting pressure on the dollar.