‘We were wrong.’ Why Morgan Stanley changed its tune on the U.S. dollar — and what it expects now.

MarketWatch· Jamie Chisholm· Sep 25, 2026 · 10:46 AM

Rising bond yields and expected Fed rate hikes have wrecked the bank’s forecast for the buck

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‘We were wrong.’ Why Morgan Stanley changed its tune on the U.S. dollar — and what it expects now.

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