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ERO
  iPath EUR/USD Exchange Rate ETN - NYSEARCA

10/20/2014, 8:49 PM ET
  • Jacob Wolinsky | Send Message 26 Jan 2012

    #Cairn Capital "Expect a Brutal 2012″ http://bit.ly/ysYV8F $ERO $EWU $EWZ $EQW $SPY $VTI #hedgefunds
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      ERO Description
      The EUR/USD exchange rate is a foreign exchange spot rate that measures the relative values of two currencies, the euro and the U.S. dollar. When the euro appreciates relative to the U.S. dollar, the EUR/USD exchange rate (and the value of the Securities) increases; when the euro depreciates relative to the U.S. dollar, the EUR/USD exchange rate (and the value of the Securities) decreases. The EUR/USD exchange rate is expressed as a rate that reflects the number of U.S. dollars that can be exchanged for one euro in the interbank market for settlement in two days. Effective December 18, 2008 the EUR/USD exchange rate will be the rate reported each day on Bloomberg screen EURUSD WMCO Curncy <GO> at approximately 4:00 p.m., London time, or any successor page.
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