CROC - ProShares UltraShort Australian Dollar

NYSEArca - Nasdaq Real Time Price. Currency in USD
-0.206 (-0.451%)
At close: 3:54PM EDT
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Previous Close45.558
Bid0.000 x 0
Ask0.000 x 0
Day's Range45.558 - 45.685
52 Week Range43.180 - 56.180
Avg. Volume1,232
Net Assets9.12M
PE Ratio (TTM)N/A
YTD Return-17.00%
Beta (3y)-23.84
Expense Ratio (net)1.03%
Inception Date2012-07-17
Trade prices are not sourced from all markets
  • Barrons.com3 months ago

    US Dollar Bearishness Is Overdone

    The political uncertainty surrounding the Trump administration is viewed by ANZ as having pushed the U.S. dollar down "much further than warranted based on fundamentals", with leveraged funds now holding net short positions in the greenback for the first time since May 2016. The weakness in the world's reserve currency comes despite the Federal Reserve hiking rates in June, the possibility of further increases, and the shrinking of the Fed's balance sheet "relatively soon". ANZ's head of Asian research Khoon Goh reckons "sentiment looks to have turned too bearish, in our view".

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