More downside risks for EUR, as traders continue to short EUR - and could see more short USD Carry trades unwind. Some focus on today's FT front page (search IMM update on Feb 5 done by our colleagues). FT: Traders and hedge funds have bet nearly $8bn (€5.9bn) against EUR, amassing the biggest ever short position in the single currency on fears of a eurozone debt crisis. The build-up in net short positions in CME represents more than 40,000 contracts traded against EUR, equivalent to $7.6bn. Elena Salgado, Spanish finance minister, and José Manuel Campa, her deputy, flew to London to meet bondholders. But their disclosure that the treasury planned to raise a net €76.8bn through debt issuance this year unsettled markets further. On FX, EUR/USD at 1.3653-55, offers ahead of 1.3700-20, real money, Asian, options bids at 1.3600-20, but stoploss on break. More on next.WL