Speculators Are Betting Against The Euro

Speculators are betting heavily on a fall in the euro amid woeful economic data from Germany, its powerhouse nation.Hedge funds and other trading firms are short-selling £10.7 billion of euros, according to research by Goldman Sachs – meaning they make money if the value of the currency falls.The sum is £2 billion more than a week ago, suggesting investors are increasingly gloomy about the future prospects of the monetary union.

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Things will get worse for the Euro if Donald Trump moves forward with US tariffs on $11 billion of goods from the EU to due subsidies for Airbus, the European aerospace

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