Morgan Stanley Says De-Dollarization Fails, “Dollar Still Smiling”
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最新报道：Morgan Stanley maintains its "dollar smile" framework remains effective despite an 11% decline in 2025 and de-dollarization concerns. The theory, developed in 2001, shows the dollar strengthens during global growth scares or U.S. outperformance. Recent geopolitical tensions and trade episodes validate its resilience, with strategist Andrew Watrous emphasizing policy uncertainty, not growth concerns, drove recent weakness. The bank asserts the framework withstands market stress, expecting the dollar to strengthen during volatility.
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The supply of Falcon Finance's stablecoin USDf reached 1.558 billion, an increase of 24.88% in the past week.
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