Euro ETF Strengthens as the ECB Looks at First Rate Hike in a Decade
July 19, 2022 at 14:54 PM EDT
Euro currency-related exchange traded funds strengthened as European Central Bank policymakers considered a bigger-than-expected interest rate hike at their next meeting on Thursday. The Invesco CurrencyShares Euro Currency Trust (FXE) rose 0.8% on Tuesday. Meanwhile, the euro currency was trading around $1.02297. The ECB is considering a 50 basis point interest rate hike at the [...] The post Euro ETF Strengthens as the ECB Looks at First Rate Hike in a Decade appeared first on ETF Trends .