EUO: Profit as The Euro Plunges

The Euro, currently used by 22 countries, is one of the most important world currencies. It was introduced to global financial markets in 1999 and reached major-currency status in record time. The Euro is now the second-most heavily traded currency in the foreign exchange (forex) market next to the dollar. Now the Euro is in trouble. Greece’s dire fiscal problems have roiled the global markets as we mentioned in last week’s update .  Many investors are wondering how they can profit from the Euro’s decline. Experienced currency traders use a forex account and short the currency directly, but there…