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Apr 24 - 08:55 AM

EUR/USD - U.S. Investment Bank Top Trade Targets EUR/USD 1.0300

By Richard Pace  —  Apr 24 - 06:55 AM
  • Short EUR/USD with a 1.0300 target heads latest Morgan Stanley top trades

  • They cite complacency about risks from slowing U.S. data

  • They say slowing U.S data will raise market concerns about a global downturn

  • Morgan Stanley recently turned bullish on the broad U.S. dollar

  • Cite biggest potential USD gains vs AUD, CAD and EM, along with EUR

  • Options premiums at long term lows so a good time to hedge EUR/USD setback

For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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