EUR

Perhaps one of the reasons the euro is holding up so well is that there are so many speculators like myself betting against it that it has become the contrarian play.  After all why would anyone want to own a currency that is the daily speculation of whether it will survive? Wouldn’t it be much easier to just sell your euros for dollars.  This is the nature of bear markets.  They are very subject to vicious bear market rallies that test the resolve and conviction of the holder.  In that sense owning put options on the FXE or call options … Read more