Morgan Stanley forecasts for 2023 include a topping USD, higher Brent crude

I posted briefly on Morgan Stanley's view yesterday:

• Morgan Stanley forecast US CPI to be under 2.0%y/y by the end of 2023

And a few more snippets were added later on Monday :

• BOE rate hike cycle to end in March next year, rate cuts in 2024 - Morgan Stanley
• US may narrowly escape a recession next year - Morgan Stanley

More now:

• US dollar US Dollar The US dollar, (symbol $, code USD) is the fiat currency of the United States of America (USD) and the most widely traded currency globally. It was introduced into the US in the late 18th Century, with paper notes not being distributed until the following century. The US dollar, also informally known as the greenback, is the world’s most foremost reserve currency, due in large part to the importance of the US economy on the world stage. Once backed by gold (in the 1900’s), the USD is now a purel The US dollar, (symbol $, code USD) is the fiat currency of the United States of America (USD) and the most widely traded currency globally. It was introduced into the US in the late 18th Century, with paper notes not being distributed until the following century. The US dollar, also informally known as the greenback, is the world’s most foremost reserve currency, due in large part to the importance of the US economy on the world stage. Once backed by gold (in the 1900’s), the USD is now a purel Read this Term index will fall to 104 by the end of 2023, dollar is expected to peak as uncertainty around the Fed rate tightening abates, with the Fed forecast to make the final rate hike in January 2023, with a rate cut to follow in Q4
• Euro to outperform as investor flows resume. European Central Bank European Central Bank The European Central Bank (ECB) represents the central banking entity in the Eurozone that oversees monetary policy for the bloc. As a growing geographic and economic region, the eurozone now includes 19 countries, which rely on the euro as their national currency.The eurozone presently consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.In terms of monetary The European Central Bank (ECB) represents the central banking entity in the Eurozone that oversees monetary policy for the bloc. As a growing geographic and economic region, the eurozone now includes 19 countries, which rely on the euro as their national currency.The eurozone presently consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.In terms of monetary Read this Term to make the final rate increase in March 2023. Like long EUR/GBP.
• MS like long NZD/USD
• Brent oil prices to US$110/barrel by end of 2023