Free Trial

Morgan Stanley believe that the "USD..........>

FOREX
FOREX: Morgan Stanley believe that the "USD behavior post-Fed increased our
conviction that the upward USD correction which began in February is complete.
USD bullish positioning and market sentiment may soon be challenged by the US
sharpening its protectionist rhetoric, which is likely to dampen risk appetite.
Recent weeks have seen US equities and the USD rally simultaneously as investors
moved funds into the US. We expect these flows to reverse from here, suggesting
a lower USD as US markets become less supported. We remain bearish USD largely
across the board."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.