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Euro Heading Lower in Q1: Analyst

Mon 09 Jan 12 | 04:00 AM ET
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Euro Heading Lower in Q1: Analyst

Mon 09 Jan 12 | 04:00 AM ET
The euro is heading lower versus the US dollar in the first quarter of the year, Stephen Gallo, head of market analysis, Schneider Foreign Exchange, said. "But I think the size of the short positioning in the euro is going to keep market participants cautious," he added.
 
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