“The latest developments after the terror attacks in Paris will strengthen the political support for ECB actions at its meeting on December 3,” Christoph Riniker, head of equity strategy research at Julius Baer, told the Wall Street Journal.
Moreover, the U.S. dollar is seen as a safe-haven currency, which tends to appreciate during times of distress or uncertainty.
“The dollar should be rising, both in response to the terrorist concerns because investors are looking for safety and because of the potential for easing,” Robert Pavlik, senior portfolio manager at Boston Private Wealth, told the WSJ.
ProShares UltraShort Euro
