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FXE - Beyond The Brexit Trees Is There Light In The EU Wood?
Invesco CurrencyShares Euro Currency Trust
By John Taylor
Now that the UK has avoided (at least for now) a hard Brexit as it negotiates to extend Article 50, investors might reasonably wonder whether they can relax for a moment and take stock of the bigger picture. What sort of longer-term future does the European Union (EU) have, irrespective of the UK?
A recurring theme of the Brexit narrative has been that the UK is negotiating from a position of weakness while the EU holds all the cards. Step outside that narrative and look at the EU from a broader perspective,