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Adding to My Short Position Against the Euro I have recently added to my short position against the Euro right above 1.26 (I am long the US Dollar and short the Euro). Currently, the currency pair is trading a bit below 1.26 and I believe it continues to be an opportune time to build a longer-term short position. My long term goal is parity with the US Dollar, or in other words, for this pair to trade at or near $1.00. You can build a position for yourself through the use of Foreign Exchange markets, or through various ETFs and ETNs that were formed to benefit from the general fall of the Euro against the value of the US Dollar. I plan to eventually put together a fund to help clients participate in the potential decline of this currency. Written By: Joshua Ungerecht