According to Odaily Planet Daily, Morgan Stanley strategists say the US dollar is likely to weaken over the coming year as the Federal Reserve appears poised to cut interest rates more than the European Central Bank. They point to the potential weakening of the US growth advantage as another factor weighing on the dollar. "Our expected slowdown in US growth reflects the lagged impact of tightening policies, declining net immigration, relatively modest fiscal support, and the short-term drag from tariff policies." Furthermore, continued US policy uncertainty surrounding trade and the independence of the Federal Reserve also points to a weakening dollar. Meanwhile, market concerns about fiscal sustainability outside the US are expected to ease. (Jinshi)