- BLDRs Europe 100 ADR Index Fund (NYSEArca: ADRU): up 33.9% year-to-date
Countries that use the euro sent their finance ministers to meet as the euro appreciated against the dollar, reducing gains that would have aided the region’s economic recovery, writes Aoife White for The Associated Press. The eurozone’s foreign exports dropped 23% in August year-over-year, the quickest drop this year.
The eurozone is projected to pull out of the recession in the third quarter. Rising unemployment is still a problem for the region. (Our definitive guide to currency ETF investing).
For more information on Europe, visit our Europe category.
- CurrencyShares Euro Trust (NYSEArca: FXE): up 7.7% year-to-date
Read the disclaimer, Tom Lydon is a board member of Rydex Funds.
Max Chen contributed to this article.