Monetary policies can provide short-term growth spurts, but they can also have long-lasting effects.

“Historically, these trends last eight years or longer and we’re only in the second or third year of dollar strength,” Deutsche Asset & Wealth Management head of ETF Strategy Dodd Kittsley told ETF Trends. [Kittsley Talks Currency Hedged ETF Lessons]

Further pressuring the euro and strengthening the U.S. dollar, the U.S. economy is looking much healthier than other developed markets – the USD quickly appreciated after the last favorable job report. Additionally, further political risk in the Eurozone could also pull on the euro as well.

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For more information on the euro currency, visit our euro category.

Max Chen contributed to this article.