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View Full Version : Morgan Stanley Sees 10% Dollar Drop, Recommends Yuan - Bloomberg



NewsWhore
05-29-2009, 01:40 AM
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Morgan Stanley Sees 10% Dollar Drop, Recommends Yuan (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601100%26sid%3DaexOI40fZ._w%26refer%3Dgermany&cid=0&ei=vncfSpuDB4GCmQem2Y2FAw&usg=AFQjCNFHGPiTtfuQsRvfr3TwxzqjH7DALQ)
Bloomberg
“If market participants start believing that a sharp dollar decline is likely then we would expect increased questioning of the sustainability of US currency pegs,” analysts led by Yilin Nie wrote in a report dated yesterday. ...


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