-
Morgan Stanley Pulls The Plug On A 'Frustrating' Euro Trade After Just 5 Days
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)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Oct 16, 2011 6:18pm Oct 16, 2011 6:18pm
- Guest
- | IP XX.XXX.103.34
- Comment #2
- Quote
- Oct 16, 2011 6:33pm Oct 16, 2011 6:33pm
- TraderUSA
- | Joined Aug 2011 | Status: Member | 809 Comments
- Comment #3
- Quote
- Oct 16, 2011 6:35pm Oct 16, 2011 6:35pm
- Guest
- | IP XX.XXX.60.152
- Comment #4
- Quote
- Oct 16, 2011 7:34pm Oct 16, 2011 7:34pm
- Guest
- | IP XX.XX.190.202
- Comment #5
- Quote
- Oct 16, 2011 7:48pm Oct 16, 2011 7:48pm
- Zappa
- Joined Nov 2007 | Status: Member | 68 Comments
- Comment #6
- Quote
- Oct 16, 2011 8:02pm Oct 16, 2011 8:02pm
- Guest
- | IP XX.XXX.103.34
- Comment #7
- Quote
- Oct 16, 2011 8:39pm Oct 16, 2011 8:39pm
- theforexpert
- | Joined Jul 2008 | Status: Member | 36 Comments
From the tips to the dips, it's all about the pips
- Comment #8
- Quote
- Oct 17, 2011 1:56am Oct 17, 2011 1:56am
- hiteshdayma
- | Joined May 2011 | Status: Member | 42 Comments
- Comment #9
- Quote
- Oct 17, 2011 5:06am Oct 17, 2011 5:06am
- lietuve
- | Joined Nov 2005 | Status: Member | 72 Comments
- Comment #10
- Quote
- Oct 17, 2011 2:10pm Oct 17, 2011 2:10pm
- Guest
- | IP XX.XXX.118.173
- Comment #11
- Quote
- Oct 17, 2011 6:03pm Oct 17, 2011 6:03pm
- freemen
- | Joined May 2010 | Status: Member | 36 Comments
Once scalper always scalper