Traders splash £5 billion betting against the euro as the single currency falters amid debt crisis

Daily Mail
"Traders and hedge funds are making record bets against the euro, underlining the mounting alarm over the region’s debt crisis.Market players have bet almost £5billion that the value of the currency will fall against the U.S. dollar, the largest ‘short position’ since it was launched.European governments have been drawing up plans for a possible bail-out of Greece, amid fears it could be spiralling towards debt default."