[Morgan Stanley: The US dollar index is unlikely to fall below 100] According to Golden Finance, Morgan Stanley is skeptical about whether the US dollar index will fall below the key level of 100, although the risk is that the US dollar will weaken further after Federal Reserve Chairman Powell stated at the Jackson Hole conference that he would relax policies in the future. "The 100 mark of the US dollar index is important both psychologically and technically, and it is difficult to overcome this mark without changes in global forces," David Adams, the bank's head of G-10 foreign exchange strategy, wrote in a report released on Tuesday. He added that political risks in Europe may still be underestimated, and the 2024 US election is a risk event that is clearly favorable to the US dollar.