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UK investment firms expect a flat 2012

LONDON | Both the FTSE 100 and Dow are expected to make modest gains by the end of 2012, according to a survey of 100 senior representatives of investment firms. The euro is expected to deteriorate further compared to sterling, while the US dollar would increase in value. However, the majority interviewed thought that President Obama’s government had not done enough to stimulate the economy in the US. The survey was…