Morgan Stanley predicts growth of dollar in 2010

The U.S. currency on Monday continued to use the location of the bulls, and while in the short term to exclude some profit-taking on fresh long positions, open it, it is not necessary, currency strategist at Morgan Stanley advised to use a for renewed attempts to reduce purchases. The bank is very optimistic about the prospects say the dollar in the coming year, noting the positive signals of economic data that give reason to expect a collapse of incentives in the United States. Statistics, according to Morgan Stanley strategists, argues in favor of the fact that the U.S. economy will recover faster than many other developed countries and they expect to reduce the euro / dollar to $ 1.41 by the end of March 2010, whereas by the end of the second quarter in the bank waiting for the fall pairs to $ 1.37, and by the end of the year - to $ 1.32.