Euro ETFs Higher After ECB’s First Rate Hike in 11 Years
July 27, 2022 at 16:24 PM EDT
While the European Central Bank hiked its benchmark interest rates for the first time in 11 years, euro currency-related exchange traded funds only saw modest gains without strong guidance from the ECB. The Invesco CurrencyShares Euro Currency Trust (FXE) rose 0.2% on Thursday. Meanwhile, the euro currency was trading at around $1.0193. The ECB hiked [...] The post Euro ETFs Higher After ECB’s First Rate Hike in 11 Years appeared first on ETF Trends .