CMC rises as euro falls post debt crisis

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UK-based online foreign exchange trading firm CMC Markets has topped this week's 12-month currency forecast after predicting the euro would fall and the dollar would rise in the immediate aftermath of the eurozone sovereign debt crisis.

On March 12, 2010, CMC Markets predicted EUR/USD would be at 1.38 in a year's time, and on March 11, 2011, the opening spot rate was 1.38.

At the time of forecasting, concerns over the state of Greece's public

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