Earlier this week, in a fiery discussion on Piers Morgan Uncensored, Scott Galloway and Kevin O'Leary clashed over Tesla Inc. TSLA CEO Elon Musk's legacy. What Happened: The debate started with ...

NEW YORK – The US dollar will tumble to levels last seen during the Covid-19 pandemic by the middle of 2026, hit by interest rate cuts and slowing growth, according to predictions by Morgan Stanley.

Morgan Stanley predicts the US Dollar Index will fall by 9% over the next 12 months. The bank's strategists cite factors such as interest rate cuts and the rising strength of other currencies.

Morgan Stanley ... The Bloomberg Dollar Spot Index extended its decline further on a report that US factory activity contracted in May for a third consecutive month. The gauge fell 0.6% on the ...

The dollar, as measured by the U.S. Dollar Index, was up 0.1% Tuesday morning. It's a small gain, but the dollar has lost 8.7% this year and the biggest banks on Wall Street are predicting further ...

--Off 5.92% from its 52-week high of 1.4535 hit Friday, Jan. 31, 2025 --Up 1.80% from its 52-week low of 1.3432 hit Tuesday, Sept. 24, 2024 --Down 0.62% vs the Canadian dollar from 52 weeks ago ...

The dollar sank to its weakest level in years, losing ground against the euro, Japanese yen and other currencies. The WSJ Dollar Index traded as low as 94.48, the lowest intraday level since July ...

The New Zealand Dollar is pulling back from 0.6030 amid a stronger US Dollar. The Greenback trims losses with fears about a US debt crisis looming. Market expectations of a dovish cut by the RBNZ ...

But Wall Street Bank, Morgan Stanley, warns that this strength ... an uptrend toward the top of its medium-term range of about 0.90,” concluded the analysts.

The dollar’s reputation as a crisis haven is being put to the test after the US currency staged only a limited rally in response to an Israeli attack on Iran that stoked fears of a wider ...

What changed? Iraqi militia groups figured out how to squeeze dollars on an industrial scale from Visa and Mastercard’s payment networks for themselves and for their allies in Iran, according to ...