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December 14, 2011

Pimco's Mather: Euro's Plunge To $1 Not Out Of Question

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Here's a bold call from global bond investment behemoth Pacific Investment Management Co: the euro could get as low as one dollar during 2012. The forecast, which implies another 23% decline in the European currency, comes from Scott Mather, head of global bond portfolio management at Newport Bea... FF News: Fundamental

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