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There is drama in Greece, but it is not affecting the Euro and the FXE ETF, which holds physical euros. The ETF is held in a depository trust at JPMorgan, making it an interesting way to track the Euro. It is currently sitting at a one-month low, but off the lows for the year. You can trade this by buying calls as it has not seen a big drop, helping to calm the markets overseas and domestically.
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