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Morgan Stanley: Dollar will peak before the end of the year and enter a "bear market" in 2025

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2024-11-25 11:54:39
Morgan Stanley expects the dollar's strength to peak before the end of the year, after which it will enter a "bear market pattern", with a slow decline in 2025. The bank believes that with the Bank of Japan set to raise interest rates and the Reserve Bank of Australia's easing action to be gradual, the yen and the Australian dollar have the greatest potential to rise next year.
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