Morgan Stanley is the winner of last Friday's battle over the euro with Goldman Sachs. Goldman...

|By:, SA News Editor

Morgan Stanley is the winner of last Friday's battle over the euro with Goldman Sachs. Goldman urged its clients to chase the currency's rally by going long around $1.3750, while Morgan thought the bounce an excellent opportunity to get short. Just over one trading session later, the euro is off 200 pips, buying $1.3532.