Maclellan: It is unlikely that the US dollar will completely reverse its recent decline.

date
02/05/2025
Morgan Stanley strategist Thierry Wizman stated in a report that even if the Trump administration were to eliminate all tariffs, the US dollar is unlikely to fully reverse its recent decline. He said: "After all, besides capital flight, considering the decreasing credibility of some institutions and systems in the United States, it is necessary to reduce reliance on the dollar. The dollar will no longer be an essential currency, but more of an alternative to a few comparable currencies such as the Euro."