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Euro at 1.24 Level in Early 2012

Wednesday, 28 Dec 2011 | 5:10 PM ET

Daryl Guppy, CEO of Guppytraders.com, says the euro is unlikely to sustain at the 1.29 level, and will fall back down to the 1.24 level for the new year. He adds that the euro is expected to "go further south" against the Yen as well.