A Bearish Trend In The FXE, But A Bounce Looks Likely

Andrew Hecht Investing Group Leader Follow Summary I rate Invesco Euro Currency Trust a Buy in September 2026, advocating a contrarian long position with a tight stop near $104.60. FXE offers attractive risk-reward, with resistance at $111.53 and support at $104.60, amid heightened U.S. policy and geopolitical risks. Despite a bearish euro trend, U.S. debt, political uncertainty, and global tensions could drive a near-term rebound in EUR/USD. FXE closely tracks the euro/dollar pair, providing liquid exposure with 0.76% yield and 0.40% management fee. Looking for more investing ideas like this one? Get them exclusively at Hecht Commodity Report. Learn More » Elkhophoto/iStock via Getty Images The euro was the world’s second-leading reserve currency until central banks' and governments' gold accumulation in recent years replaced it as the second-largest reserve currency after the U.S. dollar. The euro is the newest currency, as This article was written by Andrew Hecht 31.47K Followers Follow Andrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals. He runs the investing group The Hecht Commodity Report, one of the most comprehensive commodities services available. It covers the market movements of 20 different commodities and provides bullish, bearish and neutral calls; directional trading recommendations, and actionable ideas for traders. Learn more. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The author always has positions in commodities markets in futures, options, ETF/ETN products, and commodity equities. These long and short positions tend to change on an intraday basis. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.