The Currency Shares Euro Trust (FXE, news, chart, volatility) is down $3.57 to $141.08 after the euro fell “the most against the dollar since the introduction of the shared currency in 1999 as France and Belgium led a state-backed rescue of Dexia SA, the world’s biggest lender to local governments,” according to Bloomberg. The fund, which tracks the euro/dollar currency pair (x 100), is down 5.3 percent since last Monday. Today, 2,900 FXE puts and 1,300 calls have traded. Implied volatility is up 2 points to 17 and moving to record highs.