- 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, . 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.