• Brent Crude oil is $8 pb below Friday's peak

• Less stress from French bonds - spreads tighter

• US/German 10 year spread tightening 25bps in past month

• In past month bets on euro falling have tripled to $20 billion

• Many more prepared from euro drop, less likely to happen

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EURUSD and betting

(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)