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Euro volatility will persist: Peter McGuire

PUBLISHED ON: October 10, 2012 | Duration: 3 min, 31 sec

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The headlines emanating from Tokyo-from the IMF and World Bank summit-are similar to earlier ones about "fragile" global confidence and about the euro zone debt threat. Peter McGuire, chief market strategist with Fx Global Capital, says that despite the many steps taken by policymakers, this agenda remains critically incomplete. Currency markets are factoring in things like capital flight and Euro zone breakup fears.
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