As investors rush to short the euro, some analysts are saying the trade has become overcrowded, which could lead to extreme volatility in the euro-dollar pair. Because the pair is so heavily oversold, even a shred of positive economic data out of Europe, or an unexpected outcome in the political arena, could cause investors to quickly swap their dollars for euros. ”When the market is so one sided and really short a single currency, the slightest positive news could see the euro enjoy outsize appreciation,” said Joe Manimbo, senior market analyst at Western Business Solutions. The euro fell to a nine-year low of $1.18 ... (full story)