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Economic growth will steer currencies

Jan 4 2012  Ugo Lancioni, head of currency at Neuberger Berman, says relative economic growth will determine currency movements in the long term. He is positive for the euro's prospects even in the short term because he says people have been bearish on it for so long. He also sees opportunities now following the recent drawdown by emerging market currencies investors, which has left some nursing a loss, but has made those currencies cheaper.  (4m 24sec)
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