Morgan Stanley's trade idea of the week is....>

FOREX: Morgan Stanley's trade idea of the week is to sell Eur/Cad at market with

a target of C$1.51 and a stop of C$1.61. MS add, the trade should do well in a

risk-positive environment. The recent underperformance of EMU economic data

allows for a moderation of bullish EUR sentiment, weighing on the currency. At

the same time, the EUR TWI remaining near the recent highs as data underperforms

and inflation expectations fall increases the probability of the ECB leaning

against EUR strength. On the flip side, should US growth data pick up on the

back of the fiscal stimulus, Canadian growth expectations could be revised

higher too, given its close economic links to the US, benefiting the CAD.