发帖
雷达卡
With the BoJ likely to engage in a much more aggressive easing stance, this should catalyze JPY weakening.
Sell EUR/USD: Entry 1.3400, Target 1.2000
Either the EUR needs to correct lower to support the periphery, or it risks breaking apart, in our view.
Sell AUD/USD: Target 0.9000
As growth and rate differentials play against Australia, foreign investors are likely to rethink their safe-haven plays.
Sell JPY Against AXJ Basket: Target 90.00
Export growth will shift from emerging Asian economies to developed ones as the JPY weakens against its peers.
Sell EUR/CAD: Target 1.2000
US growth outperformance and a divergence in interest-rate paths are likely to prompt further CAD gains.
Buy USD/SEK: Target 7.2500
Heavy exposure into a waning Eurozone, weak economic data, and further Riksbank rate cuts will weigh on SEK.
Buy EUR/CZK: Entry 25.20 Target 26.50
We believe the Czech National Bank will increasingly look to foster CZK weakness in order to stimulate the economy.
Buy MXN/JPY: Entry 5.9700 Target 6.3000
Strong fundamentals combined with a reform effort should keep MXN on an upward trend next year.
Sell TRY/RUB: Entry 17.80 Target 16.50
Turkey’s central bank will likely lean against currency gains, while Russia’s will likely be tolerant of them.
2012-11-20_摩根士丹利亚洲_FX 2013 Outlook The Year of JPY Weakness.pdf
(1.01 MB)
京公网安备 11010802022788号
