Diverging Fed, ECB Policies Pressure Euro ETFs
July 22, 2014 at 14:00 PM EDT
The euro is weakening against the U.S. dollar, with the greenback at an eight-month high against the common currency. As traders get more bearish on the euro, investors can consider inverse options to hedge EUR/USD fluctuations. The CurrencyShares Euro Currency Trust (NYSEArca: FXE) weakened 0.4%...