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 Futures Bets Against Euro at Record as Traders Look Past Greece

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Futures Bets Against Euro at Record as Traders Look Past Greece Vide
PostSubject: Futures Bets Against Euro at Record as Traders Look Past Greece   Futures Bets Against Euro at Record as Traders Look Past Greece Icon_minitimeSun May 02, 2010 8:46 pm
Futures traders are more bearish than ever on the euro as Greece’s fiscal crisis spreads, suggesting further declines ahead for Europe’s shared currency.

Hedge funds and other large speculators raised net wagers on a euro drop by 25 percent to 89,013 contracts in the week ended April 27, Commodity Futures Trading Commission data shows.

http://www.businessweek.com/news/2010-05-02/futures-bets-against-euro-at-record-as-traders-look-past-greece.html
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