EUFX
ProShares Short Euro ETF  |  NYSEARCA
52wk high:45.85
52wk low:41.16
Expense Ratio:0.93%
Div Frequency:
Div Rate (ttm):-
Yield (ttm):-
Assets (AUM):$15.53M
Volume:
  • Mon, Jan. 9, 6:30 AM
    • The dollar is likely to hit parity with the euro during 2017, according to Goldman's chief economist Jan Hatzius, driven by diverging paths for interest rates.
    • "If we are right that the Fed moves the funds rate up more than what the markets currently pricing... that's generally a relatively good indicator to watch."
    • Euro -0.1% to $1.0526.
    • ETFs: FXE, UUP, EUO, UDN, ERO, USDU, DRR, ULE, EUFX, URR
    Mon, Jan. 9, 6:30 AM | 7 Comments
  • Wed, Jan. 4, 5:50 AM
    • Consumer prices across the eurozone reached a high not seen for almost four years, jumping 1.1% in December, mainly supported by a surge in energy prices.
    • It's good news for the ECB, which has a current inflation target of just below 2%.
    • Data overnight also showed a strong end of year for euro area busines activity, with the bloc's final composite PMI climbing to 54.4 last month, the highest level since May 2011.
    • Euro +0.3% to $1.0436.
    • ETFs: FXE, EUO, ERO, DRR, ULE, EUFX, URR
    Wed, Jan. 4, 5:50 AM | 1 Comment
  • Mon, Jan. 2, 6:51 AM
    • Euro-area manufacturing expanded last month at the fastest rate since April 2011, in a sign that the currency bloc's recovery is intact heading into 2017.
    • IHS Markit's Purchasing Managers' Index climbed to 54.9 in December, matching the initial estimate on Dec. 15 and up from 53.7 in November.
    • "Policy makers will be doubly-pleased to see the manufacturing sector’s improved outlook being accompanied by rising price pressures," said Chris Williamson, chief business economist at IHS Markit.
    • CAC 40 +0.5%; DAX +0.9%; Euro Stoxx 50 +0.5%.
    • Previously: Brave new 2017 to kick off with higher euro area inflation - SocGen (Jan. 02 2017)
    • ETFs: FXE, EUO, EWG, ERO, DAX, GF, EWQ, DRR, DXGE, DBGR, HEWG, ULE, EUFX, EWGS, URR, FGM, QDEU
    Mon, Jan. 2, 6:51 AM | 3 Comments
  • Mon, Jan. 2, 2:17 AM
    • SocGen expects euro-area inflation to hit a 39-month high this week:
    • "We expect euro area headline inflation to continue to improve for the eighth month in a row and climb to 1.1% Y/Y, the highest reading since September 2013. The negative drag from the energy component is likely to vanish, as a result of positive base effects from energy prices.
    • "On the food front, we expect the pick-up in EU internal market prices in the last few months to pass through to consumer prices.
    • "Nevertheless, the improvement observed throughout the various surveys published to date seems to signal improving inflationary pressure in the coming months. Looking ahead, we expect euro area inflation to remain above 1.0% next year, averaging 1.5% in 2017, with the core metric improving slightly to 1.0%."
    • ETFs: FXE, EUO, ERO, DRR, ULE, EUFX, URR
    Mon, Jan. 2, 2:17 AM | 2 Comments
  • Dec. 30, 2016, 6:46 AM
    • The euro surged as much as 1.6% against the dollar overnight as a rush of computer-generated orders caught traders off guard.
    • The sudden move started under $1.05 and algorithmic orders snowballed above that level, causing what little liquidity there was on the year's last trading day to vanish.
    • In minutes, the currency jumped to a high of $1.0653, forcing some dealers to take losses to cover positions.
    • ETFs: FXE, EUO, ERO, DRR, ULE, EUFX, URR
    Dec. 30, 2016, 6:46 AM | 2 Comments
  • Dec. 26, 2016, 2:27 AM
    Dec. 26, 2016, 2:27 AM | 1 Comment
  • Dec. 20, 2016, 6:49 AM
    • The dollar is climbing back towards a 14-year high after Janet Yellen flagged strength in the U.S. jobs market, while fallout from attacks in Germany, Turkey and Switzerland are putting pressure on the euro, pushing the currency back below $1.04.
    • Many economists have predicted parity with the greenback for years, arguing that the dollar would appreciate as the Fed embarked upon a path of monetary-policy normalization, but those forecasts didn't look likely to pan out until recently.
    • ETFs: FXE, EUO, ERO, DRR, ULE, EUFX, URR
    Dec. 20, 2016, 6:49 AM
  • Dec. 15, 2016, 11:28 AM
    • The U.S. dollar is flexing its muscles as traders settle in following yesterday's FOMC action.
    • The WSJ Dollar Index is up 0.7% to 93 to mark a 14-year high.
    • The dollar is at an 8-year high against the Chinese yuan.
    • The euro fell sharply against the dollar to $1.0442.
    • ETFs: FXE, UUP, EUO, UDN, CYB, ERO, CNY, USDU, DRR, ULE, EUFX, FXCH, URR.
    Dec. 15, 2016, 11:28 AM | 10 Comments
  • Dec. 9, 2016, 12:32 PM
    • The Stoxx 600 ended its best week in almost two years with a 0.97% gain. The broad-based index is at its highest level since January.
    • U.K.'s FTSE +0.33%, Germany's DAX +0.22% and France's CAC +0.60% were all in positive territory for the day, while the Swiss SMI ripped a 1.92% gain.
    • The euro is lower against the dollar again, -0.76% to 1.0536. The 52-week euro/USD low is 1.0532.
    • European equity ETFs: VGK, HEDJ, FEZ, IEV, EPV, EZU, FEU, EURL, DBEU, EEA, FEP, HEZU, UPV, IEUR, FEEU, ADRU.
    • Euro ETFs: FXE, EUO, ERO, DRR, ULE, EUFX, URR.
    Dec. 9, 2016, 12:32 PM | 4 Comments
  • Dec. 8, 2016, 8:57 AM
    • "The extension of purchases over a longer horizon allows for a more sustainable market presence," said Mario Draghi at the start of his press conference.
    • Some tweaks were announced to the eligibility criteria for bonds bought under the ECB's asset-purchase program. Bonds with a maturity of one year will now be eligible (previously shortest maturity eligible was two years) and officials will no longer exclude bonds with yields lower than the ECB's deposit rate.
    • The euro has quickly given back gains to trade down 1% at $1.0646 as the threat of wider peripheral spreads weigh on the currency.
    • ETFs: FXE, EUO, ERO, DRR, ULE, EUFX, URR
    • Previously: Bond prices and the dollar hammered on ECB taper (Dec. 08 2016)
    • Previously: ECB leaves rates unchanged, sets taper (Dec. 08 2016)
    Dec. 8, 2016, 8:57 AM
  • Dec. 8, 2016, 5:58 AM
    • Mario Draghi's final policy announcement of the year will come at 7:45 a.m. ET, with a highly watched press conference to follow 45 minutes later.
    • More important than the expected extension of asset purchases at the current monthly pace of €80B for six months may be any signal by the ECB president on the path of stimulus thereafter.
    • Questions are swirling about the ultra-loose monetary policy that underpins the eurozone's economic recovery but is out of sync with Berlin and Washington.
    • Euro +0.4% to $1.0793.
    • ETFs: FXE, EUO, ERO, DRR, ULE, EUFX, URR
    Dec. 8, 2016, 5:58 AM | 10 Comments
  • Dec. 4, 2016, 4:00 AM
    • Italians are heading to the polls for a referendum on constitutional reform that could call the shots for global markets in the week ahead.
    • If the measures are rejected, Prime Minister Matteo Renzi would likely resign, further shaking Italy's vulnerable banks, the euro and possibly causing the next Brexit-like tremor for the markets.
    • The political instability would also represent a new setback for the EU, since Renzi's opponents are dominated by anti-establishment forces.
    • The polls opened at 7 a.m. local time and will close at 11 p.m. Exit polls will be released as soon as voting booths close, with a definitive result expected by about 1 a.m. on Monday.
    • ETFs: FXE, EUO, EWI, ERO, DRR, ULE, EUFX, URR, HEWI, DBIT
    • Related bank tickers: OTCPK:UNCFF, OTCPK:IITSF, OTCPK:IITOF, OTC:MDIBF, OTCPK:ISNPY, OTCPK:BPESY, OTC:UNCFY, OTCPK:MDIBY, OTCPK:BPESF
    Dec. 4, 2016, 4:00 AM | 21 Comments
  • Nov. 18, 2016, 1:17 PM
    • The strength in the U.S. dollar may just be getting started after post-election forecasts were too conservative, says Credit Suisse.
    • That's after the ICE U.S. Dollar Index increased to its highest level in more than 13 years today.
    • EUR/USD: Credit Suisse predicts a 1.03 exchange rate in 90 days and 1.00 parity in a year vs. 1.05 prior on both and 1.05872 current.
    • USD/JPY: The investment firm targets a 111 rate in three months and 108 in 12 months vs. 100 and 108 prior, respectively.
    • GBP/USD: Brexit uncertainty is a factor of course, observes CS. The forecast arrives at 1.20 for 3-months and 12-months vs. 1.16 prior and 1.2338 current.
    • USD/CNY: Some depreciation is seen being allowed by the Chinese government. CS lines up an exchange rate of 7.01 for 3-months and 7.33 in a year. vs. 6.8833 current.
    • USD/MXN: Traders beware of Nafta repeal risk, warns CS. A peso at 23.0 per USD in 3 months and 25.0 in a year is the cautious forecast. The peso stood at 20.5011 per USD at last check.
    • Source: Bloomberg
    • ETFs: FXE, UUP, EUO, UDN, FXB, CYB, ERO, CNY, GBB, USDU, DRR, ULE, EUFX, FXCH, URR.
    Nov. 18, 2016, 1:17 PM
  • Nov. 18, 2016, 8:47 AM
    • The euro (NYSEARCA:FXE) has managed to climb back to positive territory vs. the greenback in the past couple of hours, but if it closes the session in the red, it would be the 10th consecutive day of losses - thus extending its longest-ever losing steak against the dollar.
    • At its high on election night, the euro was at $1.13, but this morning can buy just $1.0622. The next level technicians are watching is the $1.0538 low hit last December. Beyond that, there's the $1.0456 hit in March 2015.
    • If that breaks, is parity next?
    • ETFs: FXE, EUO, ERO, DRR, ULE, EUFX, URR
    Nov. 18, 2016, 8:47 AM | 8 Comments
  • Nov. 11, 2016, 5:01 AM
    • Central banks from India to Indonesia have stepped in to stabilize their currencies on deepening concerns that Donald Trump will pursue policies that spur capital outflows from developing economies and weaken their exports.
    • Meanwhile, the dollar is on course for its best week in a year, racking up another round of gains against the yuan and peso and steadying just off the previous day's highs against the euro and yen.
    • ETFs: FXE, UUP, EUO, FXY, YCS, UDN, CYB, ERO, CNY, INR, ICN, JYN, USDU, DRR, ULE, EUFX, FXCH, YCL, URR
    Nov. 11, 2016, 5:01 AM
  • Oct. 20, 2016, 8:48 AM
    Oct. 20, 2016, 8:48 AM | 10 Comments