Morgan Stanley: Energy shocks may boost the dollar, recommend selling on rallies

According to Jinshi News, Morgan Stanley strategists stated in a report that due to the impact of energy price shocks caused by the Iran war, the dollar may rise further in the short term. However, they pointed out that once the market focuses on the negative impact of rising energy prices on economic growth, the dollar may weaken instead. They advised investors to sell when the dollar rebounds, rather than buying during a pullback.