Denmark ETF: Central Bank Loves Rate Cuts
February 05, 2015 at 14:15 PM EST
The Denmark exchange traded fund is bouncing back as the Danish central bank cut its main interest rates for the fourth time in two-and-a-half weeks in an attempt to keep pace with the runaway depreciation in the euro currency. The iShares MSCI Denmark Capped ETF (BATS: EDEN) is up 1.2%...