Speculators placed the largest bet since at least 2007 that the euro will fall against the dollar, last week wagering a net $19 billion that the troubles plaguing the currency union will hurt the euro, government data showed Friday. The market's euro position as of Tuesday was up 18% over the prior week, totalling a net 116,457 contracts, according to the Commodity Futures Trading Commission's weekly report on the commitments of traders. "People think the euro should be lower," said Shaun Osborne of TD Securities in Toronto. His firm forecasts the euro/dollar will hit $1.22 by the middle of 2012, well below today's ... (full story)