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Euro Still Trading Like a Risk Currency: Strategist

Friday, 20 Jul 2012 | 1:00 AM ET

"The Euro is still trading like a risk currency, we still have plenty of event risk up ahead as far as the euro zone is concerned, the German constitutional court ruling for starters and a lot of people think it is only amount of time before Spain embarks on a full-fledged bailout program," Geoffrey Yu, FX strategist at UBS, told CNBC.