Morgan Stanley cuts U.S. dollar forecasts lower
The U.S. dollar is going to drop further, Morgan Stanley strategists said over the weekend as they became more optimistic about the global economy. They now see the DXY dollar index DXY, +0.12% ending the year at 98, from a previous forecast of 104. They see the euro EURUSD, -0.09% climbing to $1.15, vs. a…