Seeking Alpha

Euro reaches two-year peak vs dollar

  • The euro has risen above $1.38 for the first time since November 2011 and is +0.4% at $1.3817, with the dollar continuing to be dragged down by expectations that the Fed will delay tapering its QE program until next year.
  • The U.S. dollar index is -0.2%.
  • ETFs - FXE, ERO, ULE, URR, EUO, DRR, EUFX, DBV, UUP, UDN, UUPT, UDNT
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