The US dollar is strong today but Morgan Stanley thinks it will weaken soon - ConsultFX

The US dollar is strong today but Morgan Stanley thinks it will weaken soon

US dollar weakness coming Morgan Stanley says the tide is turning on the US dollar in a note today. Tailwinds to USD strength have been a rising equity market and cheap US corporate funding costs. It was also benefitting from inflows from emerging markets. They note that all those factors have reversed since September.