More on the US dollar after the election
Morgan Stanley - have a longer term bearish view, election results support their view they say.
- looking for a higher EUR/USD, lower USD/JPY
- Say Europe and Japan economies to improve
- Meanwhile USTs likely to see buyers, market got to far ahead in pricing
TD looking for EUR/USD buyers to support it around 1.13
- double bottom at 1.13
- looks pretty solid floor for now
- see a 1.16/1.18 trading range redeveloping
Earlier;