Outside of the JPY where Morgan Stanley is tactically bullish, MS expects the USD to broadly appreciate over coming weeks going into the spring season, though recognizing near-term downside risks to this should US data disappoint this week. "Durable goods (Thu) and GDP (Fri) will be the key releases. Soft prints would likely drive US yields lower, weighing on USD. However, we would use this as a buying opportunity for two reasons," MS argues. "First, US growth weakness is largely due to weather. Once weather improves, so should data. Second, we believe that the Fed is largely done with tapering, and is likely to use ... (full story)