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28 Jan 2015
Morgan Stanley: USD super cycle intact – eFXnews
FXStreet (Barcelona) - The eFXnews Team notes Morgan Stanley views that a repeat of the USD performance seen in 1990s looks increasing likely.
Key Quotes
"We believe that we are currently in the middle of the third major USD bull market of the past forty years. An extraordinarily long projected US economic expansion, widening growth differential between the US & the rest of the world, and increasing flow of investment back towards the States suggests that the USD rally will extend further"
“We now see the USD strengthening across the board by roughly 6% each year across our forecast horizon (end 2016). A repeat of the USD performance seen in the 1990s looks increasingly likely”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
"We believe that we are currently in the middle of the third major USD bull market of the past forty years. An extraordinarily long projected US economic expansion, widening growth differential between the US & the rest of the world, and increasing flow of investment back towards the States suggests that the USD rally will extend further"
“We now see the USD strengthening across the board by roughly 6% each year across our forecast horizon (end 2016). A repeat of the USD performance seen in the 1990s looks increasingly likely”
This content has been provided under specific arrangement with eFXnews.