June 16, 2014 BY Mike Fox

Currency trade goes red for 'Greenpeace' - loses $5.2M on euro position!

On a side note today, the AP is reporting that Greenpeace, an international NGO environmental group has acknowledged losing 3.8 million euros ($5.2 million) on a bet the euro would not strengthen against other currencies in 2013— but it did. The environmental group said the money was lost by an employee who acted beyond the…

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