ETF Tracking Euro’s Movements Against Dollar Can Keep Rising

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 exchange traded funds. Aided by some comments from European Central Bank (ECB) President Mario Draghi, FXE jumped 2.6% last week, bringing its year-to-date gain to over 8%. The Eurozone macroeconomic environment…Click to read more at ETFtrends.com.