大摩：美国经济放缓、贸易和政策不确定性

Core Insights - Morgan Stanley strategists predict that the US dollar will decline due to larger interest rate cuts by the Federal Reserve compared to the European Central Bank [1] - Factors contributing to the dollar's potential decline include a slowing US economy, trade and policy uncertainties, and moderate fiscal support [1] - Global fiscal concerns are easing, which may further impact the dollar negatively [1]