DXY. MorganStanley says 5% lower Short

U.S. Dollar Currency IndexTVC

Description

⋅ Jul 30, 2016 9:57 PM

Just read an article where MorganStanley chief strategist indicates the USD can go 5% lower from current quotes.

So it be!

bloomberg.com/news/articles/2016-07-30/morgan-stanley-warns-currency-traders-worst-to-come-for-dollar

⋅ Jan 22, 2017 2:20 PM

Rule#1 : Read what an investment bank says, count till 10 and do the opposite!

Comments

htgroup1

⋅ Jan 22, 2017 2:31 PM

LOL! Excellent rule of thumb. I've learned the hard way to use anything I read or hear from "experts" to be for entertainment purposes only.