Short the Euro in 2014

There are many indications that the euro is preparing for a fall, but don't short the euro just yet.
Since hitting a 2014 peak on May 6 of $1.3929, the euro has lost close to $0.08 against the dollar, or 5.4% as of Tuesday's close. At $1.317, the euro is trading at its lowest levels since September 2013.
Now there are a handful of economic factors taking place in Europe that all point to a lower euro value.
But before you try to profit off the weakening currency, it would be wise to wait for the market to kick out some of the bears. The currency is likely to rise in the short-term before starting its long-term slump.
Here's why - but first, a look at what's driving the euro lower...(more)

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