|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||39.18 - 39.83|
|52 Week Range||35.38 - 44.23|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.29%|
The euro-dollar (FXE) exchange rate closed the week ending March 2, 2018, at 1.23. The major factors that drove the euro in the previous week were the election and political uncertainty in Italy and Germany. Over the weekend, Italy had a hung parliament verdict.
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The euro-dollar (FXE) exchange rate closed the week ending February 23 at 1.23, depreciating by 0.91% against the US dollar (UUP). A mix of weak economic data and dovish European Central Bank minutes drove the euro lower against the US dollar. Last week, manufacturing and service sector activity was reported to have slowed across the Eurozone.
The euro was the best-performing currency among the G7 (Group of Seven) currencies. Most of them fell against the US dollar, which rebounded on the back of improved inflation expectations in the United States and a round of profit booking among currency traders. European equity markets (VGK), along with their global peers, moved lower last week.
The Euro–dollar (FXE) exchange rate remained above its three-year peak to close the week ended January 19 at 1.2222, appreciating by 0.29% against the US dollar (UUP). This appreciation of the euro occurred before the positive political development in Germany, in which Chancellor Angela Merkel was able to persuade Social Democrat party to enter a formal coalition. European equity markets (VGK) appreciated as the German DAX (DAX) gained ~1.4% for the week ended January 19.
The euro–dollar (FXE) pair closed 2017 at 1.1998. It appreciated by 13% against the US dollar and posted close to 10% gains against the other major global currencies.
European markets and region-related exchange traded funds strengthened Thursday on the improving economic outlook. On Thursday, the Vanguard FTSE Europe ETF (NYSEArca: VGK) rose 1.1%, iShares MSCI EMU ...