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Record GBP 5bn bet by traders against euro

Tuesday 9th February 2010

Traders have bet almost £5billion on declines in the value of the euro - the largest "short position" since it was launched.

They are continuing to pile pressure on the single currency due to increased concerns about the viability of the euro zone over its debt crisis.

More than 40,000 deals have been made betting against the single currency, according to analysis of figures from the Chicago Mercantile Exchange, the Daily Mail reports.

Click here to read full story in the Daily Mail

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