Wednesday’s ETF Chart To Watch: Rydex CurrencyShares Euro Currency Trust (FXE)

Equity markets finished in green territory on Tuesday as investors overseas rejoiced over optimistic-speculations that the new Italian Minister, Mario Monti, would bring order and ensure stability in the debt burdened nation. Investors had a reason to smile on the home front as well, after U.S. retail sales came in at 0.5%, surpassing analyst expectations of 0.3% growth. Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein said the economy will rebound “faster than people think”. Crude oil prices surged on the day, settling just beneath the $100 level as the trading session drew to a close. Gold’s performance was rather mixed as the precious metal worked to regain much of the ground lost in overnight trading, settling near $1,780 an ounce for the day. The Euro zone Consumer Price Index is slated to come out later this morning before Wall Street opens, which makes the CurrencyShares Euro Currency Trust [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Expect More Volatility Three Long/Short Ideas For Euro Zone Debt Drama Thursday’s ETF Chart To Watch: Rydex CurrencyShares Euro Trust (FXE) ETF Insider: Can Earnings Trump Euro Drama? Thursday’s ETF Chart To Watch: Rydex CurrencyShares Euro Trust (FXE)