In case you missed it, the euro has been on a tear against the dollar as the world has become increasingly confident that a solution to the European debt crisis is near. However, this has been a disaster for Morgan Stanley who on Monday recommended a shorting the euro against the US dollar. Here's what Morgan's Global Currency Research Team, led by Hans Redekar, said in an October 10 note: The prospect of a bank recapitalization plan does not alter our bearish view on EUR. If the private sector proves to be an inadequate source of recapitalization, and government-funded solutions jeopardize the credibility of ... (full story)