Mars Finance News, according to Jin Shi Data, Jitania Kandhari, Chief Investment Officer of Morgan Stanley Investment Management, stated that the US dollar's recovery at the beginning of this week is a "counter-trend rebound," and its fundamentals still point to a decline. "This is a counter-trend rebound, but long-term fundamentals still indicate that the US dollar will continue to fall, possibly depreciating by another 6% this year." US investors need time to diversify from domestic assets because "US investors have a serious home bias," but the clients she has contacted are actively inquiring about situations in other parts of the world to find opportunities. She currently favors the euro, yen, and emerging market currencies.
Morgan Stanley: The dollar could fall another 6% this year
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