“Experts: Greece Going Bankrupt Could Doom Euro
Greece’s debt has just been downgraded, and experts say that if the country goes belly up, the euro could be in big trouble. “The Greek problem will be an acid test for the currency union,” a senior German government official told German magazine Der Spiegel.” – MoneyNews.com
Is this another arguement to be long UUP? The futures contract is designed to replicate the performance of being long the US Dollar against the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.