最新报道:Morgan Stanley forecasts an additional 10% decline in the US dollar by end-2026, following its worst performance since 1973 with an 11% drop in H1 2025. Policy uncertainty, shifting global investment patterns, and narrowing rate differentials with major economies are driving the structural bear cycle. The bank's strategists highlight increased hedging activity and portfolio reallocations away from US assets as key factors sustaining long-term downward pressure on the currency.