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What Morgan Stanley expects this week in FX

Discussion in 'Market News' started by ForexLive, Dec 14, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Morgan Stanley on USD, JPY, CHF, CAD, AUD and NZD Check out eFX Plus for bank trade ideas with levels and stops USD: The End of an Era. Bullish. We believe that USD is likely to outperform into the first Fed hike. The market is not pricing a March hike, and risks are skewed towards the market increasing the chance of a faster pace in the hiking cycle. Outperformance should be focused against commodity currencies and EM, given the downtrend in commodity prices recently and the somewhat hawkish ECB meeting last week.

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