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Morgan Stanley: USD to grind higher, JPY may lead G10 gains but USD/JPY shorts challenging
Morgan Stanley, a leading global financial services firm, has recently expressed its outlook on the US dollar (USD) and Japanese yen (JPY) in its latest report.Morgan Stanley analysts believe that the US dollar has the potential to continue to gradually strengthen this year. They point out that even if the global economy manages to circumvent a full-scale recession, the asymmetry in central banks' reactions coupled with uninspiring economic growth rates indicates that investors are likely to mai...
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Posted: Jun 9 2023, 17:44
Author Name: forexlive
Views: 081212