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The Invesco CurrencyShares Euro Trust ETF (FXE) is an exchange-traded fund incorporated in the USA, designed to track the price of the euro against the US dollar. The fund is rebalanced quarterly.
Introduction
Seven years ago, the new series of economic measures announced by PM Abe in Japan followed by the aggressive QQME plan launched by the BoJ in April 2013 led to an incredible increase in implied volatility on all the major yen crosses. Traders were carefully watching the USDJPY exchange rate constantly breaking new resistances on the top side until the