Europe ETFs Drop as ECB Ends Accommodative Policies, Plans Rate Hikes

Europe region-related exchange traded funds retreated Thursday as the European Central Bank signaled an end to its accommodative policies easing and signaled it will execute its first rate hike ahead. On Thursday, the iShares MSCI Eurozone ETF (BATS: EZU) fell 2.7% and the Invesco CurrencyShares Euro Currency Trust (NYSEArca: FXE), which tracks the euro against [...] The post Europe ETFs Drop as ECB Ends Accommodative Policies, Plans Rate Hikes appeared first on ETF Trends .