EUO - ProShares UltraShort Euro
| Previous Close | 28.85 |
| Open | 29.00 |
| Bid | 29.07 x 2200 |
| Ask | 29.08 x 3000 |
| Day's Range | 28.91 - 29.10 |
| 52 Week Range | 24.61 - 29.10 |
| Volume | 170,280 |
| Avg. Volume | 62,995 |
| Net Assets | 115.55M |
| NAV | 28.85 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Daily Total Return | 7.68% |
| Beta (5Y Monthly) | 7.52 |
| Expense Ratio (net) | 0.95% |
| Inception Date | 2008-11-24 |
- ETF Trends
Euro ETFs Are Vulnerable to Further Weakness
Weighing on the euro currency, the Eurozone's deeply negative rates, expectations of further easing out of the European Central Bank, ongoing global trade war and relatively high-yield U.S. assets have all taken their toll, the Wall Street Journal reports. Salman Ahmed, chief investment strategist at Lombard Odier IM, warned of the possibility of the exchange rate reaching $1 to the euro, or parity, especially if Eurozone governments fail to raise spending to counteract the slowdown since the ECB has less room to ease. “The fact that the ECB can’t lower rates from here means they can’t support the economy,” Emiel van den Heiligenberg, head of asset allocation at Legal & General Investment Management, told the WSJ.
- Investopedia
3 Simple Strategies For Euro Traders
Euro traders can execute three simple but effective strategies that take advantage of repeating price action.
- Market Exclusive
Market Morning: Draghi’s Final Act, Brexit Saga Continues, Saudis Get New Energy Guy, China Buys Gold
Mario Draghi Expected to Rage Against the Dying of the Euro This week will be European Central Bank President Mario Draghi’s last opportunity to print the Old World into prosperity. Monetary policy wonks are almost universally expecting him to push overnight lending rates in the Eurozone even further into negative territory, despite the fact that […]The post Market Morning: Draghi's Final Act, Brexit Saga Continues, Saudis Get New Energy Guy, China Buys Gold appeared first on Market Exclusive.
