The Xtrackers MSCI Europe Hedged Equity ETF (DBEU) and the Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) are both up about 3% to start the new year. While both funds feature a euro hedging strategy, the currency could be gaining strength amidst a weaker dollar.
Is a Weaker Dollar Paving the Way for Euro Strength?
The Xtrackers MSCI Europe Hedged Equity ETF (DBEU) and the Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) are both up about 3% to start the new year. While both funds feature a euro hedging strategy, the currency could be gaining strength amidst a weaker dollar.