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I wouldn't give a shit about what Morgan Stanley's analysts say.
Don't you remember the big scandal not too long ago where MS was fined more than $1bn ?
Investment Firms go short on the Euro and THEN send out client notes that the Dollar will rise. That's nothing that has to do with "analysing".
The whole market is more and more controlled by Hedge Funds. I am just waiting for the day that the biggest Hedge Funds will start trading against the USD and send it to 2 Euros.
The current situation is just based on some sells from cowardish small fund managers.
Wait for the Euro to get back to 1.50 in a very short time.
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