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$127.16 0.01 (0.01%)
12/3/2008 3:59 PM

CurrencyShares Euro Trust (FXE)

CAPS Rating:
**

Exchange Traded Fund

View All Commentary (FXE)

Recs

1

Avatar pnouri (99.05) Submitted: 2/04/08 8:12 AM : Outperform Start Price: $146.80 FXE Score: 23.90

The US is in the middle of what will be a prolonged and significant recession. I recognize the Euro has appreciated significantly to the dollar to date and I also recognize Europe will experience weakness in their economy as well, however, the US recession will be more significant, and on top of that, the Federal Reserve wil continue to lower rates. Euro/Dollar 1.75 in next 16 months.

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