Investors pile into the U.S. dollar and U.S. Treasurys in response to anxiety about the eurozone debt crisis, according to an article on Seeking Alpha.

Investors would begin placing money into euro-dollar funds if they were not concerned with the pace of progress in Europe, according to contributor Gary Gordon.

Gordon was looking at the PowerShares DB Dollar Bullish (NYSEArca: UUP) and the CurrencyShares Euro Trust (NYSEArca: FXE) as examples, with UUP above a 50-day trend line, and FXE hitting 11-month lows and a price well below its 50-day moving average.

The CBOE Volatility Index (NYSEArca: VIX), commonly used as a “fear indicator,” is contrarily showing the opposite, which Gordon may feel is due to investors growing accustomed to volatility.

Go to Seeking Alpha to read Gordon’s full perspective.