Morgan Stanley analyst Sophia Drossos says shorting the euro and going long on the dollar is likely to make money across a wide range of economic scenarios in 2010.
Long U.S. dollar "is a trade that can work in environments of risk aversion as well as stronger global growth,” Drossos notes.
“Because we believe a revival in the global economy will be led by U.S. growth outperformance against G4 economies.
Long U.S. dollar "is a trade that can work in environments of risk aversion as well as stronger global growth,” Drossos notes.
“Because we believe a revival in the global economy will be led by U.S. growth outperformance against G4 economies.
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