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Reacting to Fut 15 coins the news is Jeremy Cook, chief economist at http://www.goldentok.com/ World First currency brokers. Cook welcomed the progress made, though cautioned that significant currency volatility will remain, and that the European Financial Stability Facility (EFSF) remains underfunded:
So the most significant European summit since Maastricht has ended, and where do we stand? Well, European politicians, especially the Merkozy double act, have gone further than most market participants expected; with a fair few agreements in principle on bank recapitalisation and expansion of the EFSF. However, the markets will need positive figures soon, and viable figures at that, if they are to take this overnight rally any higher.
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