CurrencyShares Euro Trust (FXE)

marc64 (98.82) Submitted: 6/11/08 12:06 PM : Start Price: $155.23 FXE Score: -22.13

Fellow fools have given a decent reprise of the economics; I can only add that some analysts estimate the EURO is over-priced by about 20%. Highlighting what has already been said here, Ben's signal that inflation is a bigger concern than a slowdown suggests an upcoming rate hike, probably before the year is up: that would be bearish for this EFT.

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