Euro ETFs Rise as Currency Tops $1.35
CurrencyShares Euro Trust (NYSEArca: FXE) set a new 52-week high in Wednesday’s premarket as the euro traded above $1.35 for the first time since 2011 on receding fear over Europe’s debt crisis. The currency ETF is up 12% since the July 2012 low. A rising euro and weaker U.S. dollar have...
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