The CBOE Volatility Index -6.2% may be tracking only moderate levels of market fear, but the...

|By:, SA News Editor

The CBOE Volatility Index -6.2% may be tracking only moderate levels of market fear, but the currency market's fear gauges are high ahead of the European summit on Thursday. A variety of eurozone currency bets are priced at multi-year highs, as traders pile into positions to short the Euro ahead of the meeting.