According to online reports, Morgan Stanley Research strategists Vishwanath Tirupattur and Serena Tang said in a report that the continued weakness of the US dollar in the next 12 months is a key theme for Morgan Stanley Research. "We expect the dollar to continue to weaken as U.S. interest rates and economic growth converge with those of peers," they said. Increased foreign exchange hedging flows have led to a further rise in risk premiums, which will increase selling pressure on the dollar. Other safe-haven currencies such as the Japanese yen, the Swiss franc and the euro are expected to benefit.