Euro ETF Currency Strength to be Tested

Markets ETF Trends

Up more than 12% year-to-date, the CurrencyShares Euro Currency Trust (NYSEArca: FXE), which tracks the euro’s price movements against the dollar, is one of this year’s best-performing developed market currency ETFs. However, the common currency’s strength could be tested in the months ahead. Part of the euro’s bull thesis is tied to the surprisingly weak [...]Click to read more at ETFtrends.com.

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