A Morgan Stanley expresses doubts about whether the US dollar index will fall below the key level of 100, despite Fed Chairman Powell's statement at the Jackson Hole meeting that the future policy will be relaxed, the risk is biased towards further weakness in the US dollar. "Both psychologically and technically, the 100 level of the US dollar index is very important. Without a change in global forces, this level is difficult to break," G-10 forex strategy director David Adams wrote in a report released on Tuesday. He added that political risks in Europe may still be underestimated, and the 2024 US election is an obvious risk event favorable to the US dollar.
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Morgan Stanley: É improvável que o índice do dólar caia abaixo de 100
A Morgan Stanley expresses doubts about whether the US dollar index will fall below the key level of 100, despite Fed Chairman Powell's statement at the Jackson Hole meeting that the future policy will be relaxed, the risk is biased towards further weakness in the US dollar. "Both psychologically and technically, the 100 level of the US dollar index is very important. Without a change in global forces, this level is difficult to break," G-10 forex strategy director David Adams wrote in a report released on Tuesday. He added that political risks in Europe may still be underestimated, and the 2024 US election is an obvious risk event favorable to the US dollar.