Forex
Euro ETF Sees Massive Outflows Amid Bearish Dollar Sentiment
Investors pulled $5.3 million from the Invesco CurrencyShares Euro Trust's FXE on September 17, reducing its assets under management to $376.37 million.
This represents a significant single-day swing of 1.41% of AUM, indicating growing caution among investors towards euro exposure.
The related asset EUR-USD is currently trading at 1.14897, up 0.53% over the past three months, but its technical outlook has flipped to a bearish stance with a Sell signal.