15.12.2011 - Investors reload on bets against euro as currency wobbles
Investors are betting the euro's latest dive is for real. For most of the year, the euro has stayed above $1.30, even after repeated selloffs, as the two-year-old debt crisis afflicting Europe threatened to tear apart the currency zone. That has frustrated hedge funds who suffered losses after repeatedly betting the euro would head to $1.25 or lower. Many funds exited negative bets in late October, when the currency rallied back from just above $1.30...............................................Full Article: Source
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