Morgan Stanley's top G10 FX strategy views including key fundamental catalysts and technical levels to watch. Key Takeaways USD View: Neutral | Skew: Bearish USD faces downside risks from both rate differentials and risk premium, though rising geopolitical tensions manifesting themselves in higher oil prices remains a key USD-positive risk to watch. EUR View: Neutral | Skew: Bullish EUR/USD faces upside risks but gains may be limited by ECB dovishness, though we think this is more of a risk closer to 1.25 r ...