Shorting Eurodollars Before the Liquidity Bubble Pops (Read This)
Eurodollars are foreign dollar deposits outside the U.S. banking system in foreign banks. Despite the name, these are not just European banks, although those would constitute the majority. Some are in the Middle East in places such as Bahrain (Forces Fire on Protesters). So in essence, eurodollars are dollar deposits in non-U.S. banks.
