Why Europe ETFs Are Falling While the Euro Holds Steady

European equity ETFs are drifting lower — the VGK and EZU both down about 1 percent in the past week — even as the euro holds near $1.14 and the trade-weighted dollar softens. Lucas and Luna dig into the divergence: weak PMIs, renewed Hormuz uncertainty, and a market that is pricing in an ECB rate rethink. They look at why German and French ETFs are lagging while the UK and Spain hold up, and what the euro's stability really tells us about capital flows. A specific, data-driven conversation about the gap between currency markets and equity sentiment in mid-2026. #EuropeanMarkets #ECB #Hormuz #Euro #ETFs #VGK #EZU #Germany #France #Spain #UK #MonetaryPolicy #GlobalTrade #Geopolitics #RiskOff #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo