New Record Bet Against Euro ZZ# Stock
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New Record Bet Against Euro
By Don Curren
Things just keep looking worse for the euro.
Investors increased their bets against the currency to a new record level,
according to data released Friday, as the euro weakens sharply in response
to market concerns about the longer-term implications of the massive euro
zone rescue plan.
Net speculative bets–called shorts–against the euro increased to $18
billion in the week ended Tuesday, according to an analysis by Scotia Bank
of the weekly Commitments
By Don Curren
Things just keep looking worse for the euro.
Investors increased their bets against the currency to a new record level,
according to data released Friday, as the euro weakens sharply in response
to market concerns about the longer-term implications of the massive euro
zone rescue plan.
Net speculative bets–called shorts–against the euro increased to $18
billion in the week ended Tuesday, according to an analysis by Scotia Bank
of the weekly Commitments