Euro Currency ETF Jumps as ECB Signals Willingness to Raise Rates

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Euro currency-related exchange traded funds climbed on Thursday after European Central Bank president Christine Lagarde refused to rule out tightening monetary policy in response to the ECB’s “unanimous concern” over rising inflationary pressures and soaring prices, adding to investor bets of multiple rate hikes in 2022. The Invesco CurrencyShares Euro Currency Trust (NYSEArca: FXE), which […] Read more at ETFtrends.com.