*German Chancellor: Can't Divide Euro Area And Rest Of EU

Morgan Stanley: We Remain Bearish Aud and Look to Sell Aud Rallies

Morgan Stanley: We Maintain Our Bearish View on Cad As We Believe the Market Isn't Pricing Enough Downside Risks to the Outlook, Though We See Scope for Further Strengthening if Risk Performs Well

Morgan Stanley: Any Rapid Appreciation of Chf Will Probably be Met With Intervention from the Snb, But a Slow Grind Higher Should be Acceptable

Morgan Stanley: We Think the Risk/ Reward of Going Short Gbp Against Jpy, Eur and Usd at Current Levels Is Attractive