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February 2, 2012

Morgan Stanley cuts EURUSD forecast from 1.20 to 1.15

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Stop us when this sounds familiar: 'While we expect central banks globally to continue to provide liquidity, it is the ECB's position that has changed the most dramatically. The relative expansion of the ECB's balance sheet is EUR bearish in our view....the liquidity being generated by the ECB is to... FF News: Fundamental

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