Currency ETFs Could Soar As European Central Bank Seeks Way to Weaken Euro
April 01, 2016 at 10:25 AM EDT
In what amounts to bad news for dollar bulls, the CurrencyShares Euro Currency Trust (NYSEArca: FXE) jumped 4.5% in the first quarter and that is with the European Central Bank (ECB) is actively seeking ways to weaken the euro. Coming into this year, some market observers predicted the euro would...