The euro crisis has been unfolding for over three years now... and it could very well last another three years. As a result, the euro has fallen sharply in the past few months. With Europe's leader's struggling to find a long-term solution, the fate of the 23-nation currency is now in question.
But Europe's problems offer traders the chance to make short-term gains by trading the troubled currency. The question, then, is how to play it. Here's two short-term trading ideas that could profit from the euro's struggles.
Europe's leaders are struggling to deal with a crisis that has been unfolding for over three years now. But as you'll see in a second, there is a trading opportunity developing as they take the next steps to fix their problems.
Greece, Spain, France, Portugal, Ireland? the list of troubled countries in Europe grows larger each week. A quick resolution appears unlikely as leaders seem to be unsure of what to do. While governments struggle with a long-term solution, traders can pursue short-term trading gains by trading movements in the eurozone's currency, the euro. The question that traders face is what trade they should make in order to profit from problems with the euro. (more)
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