Morgan Stanley Forecast: Capital Outflows Maintain Dollar Vulnerability, EUR/USD Target 1.20

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  Posted by Two Blokes Apr 22 - Filed in Forex - 2 views
  
  The Euro to Dollar (EUR/USD) exchange rate has surged to 3-year highs above 1.1550 before a limited correction. Morgan Stanley expects further capital outflows from the US amid reservations over the outlook and sees scope for EUR/USD to strengthen further to 1.20.