The U.S. dollar's dominant reserve currency status is likely to endure partly because credible challengers, including the Chinese yuan, are lacking, Morgan Stanley said in a report on Thursday. Concerns about a surge in U.S. debt levels and heightened geopolitical risk have triggered a debate about the dollar's status as the world's no.1 reserve currency, with some signs that reserve managers have started to diversify away from the greenback. "We expect USD's dominant reserve currency status to endure despite ongoing challenges from an increasingly multipolar world," Morgan Stanley said in a note.
FA Cup replays have been scrapped from next season, the Football Association has announced.
Kaylee McKeown says Stephanie Rice remains a legend of the sport despite surpassing her Australian records in the 200m and 400m individual medleys.