Morgan Stanley calls for a weaker USD heading into late 2019

Morgan Stanley (MS) analysts largely expect the USD to wind up on the weak side heading into the next 12 months, and their USD-short stance shows in their projection ranges heading towards 2019's third quarter

MS sees the USD/JPY between 88.00 - 101.00, while the EUR/USD is expected to hit between 1.18 and 1.30, with the Sterling forecast between 1.32 and 1.50, while the AUD/USD is expected somewhere between 0.67 and 0.75 within the next 12 months.