Euro Surges

 |  Includes: DBV, DRR, ERE, ERO, EU, EUO, FXE, UDN, ULE, URR, UUP
by: Bespoke Investment Group

Thursday's 2.35% surge in the Euro versus the USD was the currency's seventh best one day gain since 2000. As shown in the table below, the only other top ten gain for the Euro that came outside of the credit crisis was on 1/4/01 when the currency rose 2.3%. Another interesting aspect of today's rally in the Euro is that of the top ten one day gains for the Euro, today was the only time when the S&P 500 moved less than 1% (up or down) on the day.

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