The eurozone economic recovery is ongoing. That is a statement some investors may be tired of hearing because they've been hearing it for four or five years now, but data indicate even peripheral eurozone economies are farming though lingering pockets of concern.
Although the euro is stronger against the dollar this year, the common currency is well off historic highs. The retreat experienced by the euro over the past couple of years is helping eurozone blue-chips deliver impressive earnings growth, which is being driven in part by the weaker currency.
bzrelatedlink>Related Link: Don't Sleep On Eurozone ETFs
HEZU And EZU
Diverging developed central bank monetary policies, assuming that theme resumes, are also seen as helpful to exchange-traded funds such as the iShares Currency Hedged MSCI Eurozone ETF (iShares Trust (NYSE: HEZU). Some investors ...
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