Warnings from multiple major Wall Street banks: The Fed's interest rate cuts will restart the dollar's decline next year.
①Wall Street banks, including Morgan Stanley, Goldman Sachs, and Deutsche Bank, predict that the dollar will resume its decline next year as the Federal Reserve continues with its rate-cutting cycle. ②However, the decline of the dollar next year is expected to be more moderate and not as widespread as this year, when it fell against all major currencies.
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