After hitting a record high for their bets on the EUR's fall in June, speculative traders on the Chicago Mercantile Exchange locked their bets in a zigzag style: 2 weeks of covering EUR shorts, followed by one week of adding to their EUR shorts, reversing that in the following week, and back adding to their EUR shorts this week, data from the Commodity Futures Trading Commission (CFTC) showed on Friday. Traders increased their open short EUR position by 10% from a week earlier to reach a net of $25.4 billion- that is well below the record high of $33.4 billion - as of last Tuesday. Given that extreme EUR bearishness ... (full story)