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FEZ: Euro Strength A Tailwind, Still Cheap On A P/E Basis
Seeking Alphaยท 2025-07-22 16:47
Group 1 - The US Dollar Index (DXY) has experienced a significant year-to-date decline, providing a favorable environment for non-US stocks [1] - Foreign ETFs have generally outperformed the S&P 500, indicating a shift in investor preference towards international markets [1] - The EURUSD currency pair has appreciated by more than 7% through July 21, reflecting a strengthening of the Euro against the US Dollar [1]