Dollar Sags Against Euro Following FOMC Minutes
Tweet
Share
E-mail
PowerShares DB US Dollar Index Bullish (NYSE: UUP) is weakening against the euro following FOMC minutes, which hint at more QE in the works. The ETF is down about 0.3 percent.
Easing would flood cash into the system, devaluing the dollar against other currencies.
CurrencyShares Euro Trust (NYSE: FXE) is up 0.4 percent.
Easing would flood cash into the system, devaluing the dollar against other currencies.
CurrencyShares Euro Trust (NYSE: FXE) is up 0.4 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- PurePlay ETFs launches Nvidia value chain fund on Nasdaq
- BlackRock launches bitcoin income ETF on NASDAQ as BITA
- GraniteShares launches leveraged SpaceX ETFs as company goes public
Create E-mail Alert Related Categories
ETFs, Insiders' BlogRelated Entities
FOMC Minutes, Federal Open Market CommitteeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
