The Euro's Unhappy Anniversary
This article previously appeared on RealMoney Pro.
Here we stand, just two days after the 10th anniversary of the introduction of the euro, which became legal tender on Jan. 1, 2002. A decade later, the battered currency is newsworthy for all the wrong reasons, and the net euro short position is at its all-time high. While traders seem to be betting on the imminent collapse of the common currency, there are some very good reasons to avoid initiating short positions in the euro as we enter 2012....588 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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