FX Market Expects Further Volatility As Global Malaise Continues

PREVIEW

LONDON--The introduction of the euro, bottoming in the Japanese market, US malaise and continuing pressure on the currencies of Asia and Latin America will prolong volatile trading conditions into the first part of the New Year, according to market players.

However, many believe these global trends are entrenched and they do not expect volatility on the scale experienced last year.

Ramon Uribarri, a senior FX advisor at Bank of Montreal in Chicago, says it is unlikely the markets will match

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