Morgan Stanley calls for a weaker USD heading into late 2019

Joshua Gibson FXStreet

Morgan Stanley (MS) analysts largely expect the USD to wind up on the weak side heading into the next 12 months, and their USD-short stance shows in their projection ranges heading towards 2019's third quarter

MS sees the USD/JPY between 88.00 - 101.00, while the EUR/USD is expected to hit between 1.18 and 1.30, with the Sterling forecast between 1.32 and 1.50, while the AUD/USD is expected somewhere between 0.67 and 0.75 within the next 12 months.

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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