‘We were wrong.’ Why Morgan Stanley changed its tune on the U.S. dollar — and what it expects now.

Rising bond yields and expected Fed rate hikes have wrecked the bank’s forecast for the buck

Source: [MarketWatch](https://www.marketwatch.com/story/we-were-wrong-why-morgan-stanley-changed-its-tune-on-the-u-s-dollar-and-what-it-expects-now-7826fb96?mod=mw_rss_topstories)