The euro pulled away from an eight-month low against the dollar on Tuesday as speculation of an imminent bail-out for Greece squeezed short positions against the single currency

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Traders make $8bn bet against euro

On February 9, 2010 By

Data from the Chicago Mercantile Exchange show net short positions against the single currency rising from 39,500 contracts to 43,700 contracts, equivalent to $7.6bn

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The pound is caught in global cross-currents, but its future direction may be in the hands of its own central bank and of the UK’s voters, writes John Authers

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China overtook Germany last year to become world export champion, official figures have confirmed, but Europe’s ‘Exportmeister’ can take comfort from a strong rebound at the end of last year.

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