Weaker states don’t like having their economic policies dictated by Germany. And stronger states don’t like spending billions to bail out their brethren from years of fiscal mismanagement. Back when the euro was first introduced, skeptics worried that the then-11-member states were too divergent to share a single currency and monetary policy. Those fears have been coming to pass lately. [How to Hedge Euro Currency Risk.]
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- CurrencyShares Euro Trust (NYSEArca: FXE)
- WisdomTree Dreyfus Euro (NYSEArca: EU)
Read the disclaimer; Tom Lydon is a board member of Rydex|SGI.
Tisha Guerrero contributed to this article.