Profit

Euro to remain range-bound on Greece debt woes: Tim Riddell

PUBLISHED ON: May 11, 2012 | Duration: 4 min, 56 sec

  
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The euro hit a 3-1/2-month low on Friday as news of JPMorgan's trading losses from a failed hedging strategy spooked investors. Tim Riddell, Head-Global Markets Research, Asia, ANZ, told NDTV Profit that the euro will remain range-bound as the Greece debt crisis is unresolved yet as it still has to be addressed. "Europe has realised that it is going to have a long period of low growth," he added,
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