Ultrashort Euro Proshares (EUO) 27.88 $EUO Euro
Post# of 64070
Euro recovers from fresh 12-year low
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 4:16AM CDT
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), FXE: 104.20 (+1.12), EUO: 27.88 (-0.64), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
Krugman On NRFPC
Scott Sumner - Seeking Alpha - Mon Mar 16, 3:01AM CDT
Paul Krugman has weighed in on my “never reason from a price change” argument. [And of course NRFPC it isn’t my idea; it’s a part of EC101 that many economists never learned, or forget on occasion. Over at Econlog I...
ULE: 15.18 (+0.32), VGK: 54.15 (+0.74), URR: 16.49 (+0.22), EU: 20.54 (-0.08), FXE: 104.20 (+1.12), EUO: 27.88 (-0.64), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
The Euro-Dollar Riot!
David Kotok - at Seeking Alpha - Sun Mar 15, 10:06AM CDT
We open this commentary by trying to simplify a very complex trade. Think of yourself as the corporate treasurer of a midsized American company. You have your basic business activities in the United States, and you have several divisions in Europe....
ULE: 15.18 (+0.32), SPY: 207.93 (+2.10), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.20 (+1.12), UDN: 21.24 (+0.14), EUO: 27.88 (-0.64), USDU: 28.90 (-0.23), EUFX: 45.47 (-0.59), FORX: 42.33 (+0.26), ERO: 40.20 (-0.04), UUP: 26.28 (-0.21), UDNT: 10.33 (-0.15), DRR: 64.63 (-1.86)
The ECB Should End QE Next Month
EconMatters - Seeking Alpha - Sun Mar 15, 8:29AM CDT
Mario Draghi backed into Unenviable Corner This was an instance where the markets pushed Mario Draghi in a direction that really wasn't necessary, an area he knew deep down was fruitless, and in the end will be proven to be a complete waste of...
ADRU: 22.62 (+0.33), ULE: 15.18 (+0.32), VGK: 54.14 (+0.73), FEZ: 38.37 (+0.70), DBEU: 29.29 (+0.16), FEEU: 107.27 (+2.90), EURL: 31.38 (+1.34), URR: 16.49 (+0.22), FIEU: 110.60 (+2.67), EZU: 38.23 (+0.67), FEP: 30.85 (+0.35), FEUZ: 32.31 (+0.57), IEUR: 45.13 (+0.55), EUO: 27.88 (-0.64), UPV: 45.68 (+1.24), FEU: 34.94 (+0.40), HEDJ: 67.09 (+0.48), EPV: 57.69 (-1.46), SBEU: 25.41 (+0.30), IEV: 43.92 (+0.62), DBEZ: 29.77 (+0.23), ESTX: 46.35 (+0.89), FXE: 104.20 (+1.12), HEZU: 29.21 (+0.20), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
Apart From Boosting NGDP And RGDP, Euro Depreciation Will Not Help Italy
Scott Sumner - Seeking Alpha - Sun Mar 15, 3:13AM CDT
That's the conclusion of a new paper that Tyler Cowen has linked to. And I think that's right. Many stimulus advocates (including me and Lars Svensson) have pointed out that currency depreciation caused by monetary stimulus would not be expected...
EWI: 14.40 (+0.16), ULE: 15.18 (+0.32), URR: 16.49 (+0.22), FXE: 104.20 (+1.12), EUO: 27.88 (-0.64), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
Time For A European Vacation
Calafia Beach Pundit - at Seeking Alpha - Sun Mar 15, 2:02AM CDT
(click to enlarge) Friday the euro hit a 12-year low against the dollar. According to my calculation of the PPP value of the euro, it is roughly 10% "undervalued" vis a vis the dollar. That means that Americans traveling to Europe...
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.20 (+1.12), UDN: 21.24 (+0.14), EUO: 27.88 (-0.64), USDU: 28.90 (-0.23), EUFX: 45.47 (-0.59), FORX: 42.33 (+0.26), ERO: 40.20 (-0.04), UUP: 26.28 (-0.21), UDNT: 10.33 (-0.15), DRR: 64.63 (-1.86)
More On The Euro-Dollar Exchange Rate
Bob McTeer - at Seeking Alpha - Sat Mar 14, 1:07PM CDT
Nineteen countries now use the Euro as their currency. Fifty states use the Dollar as their currency. While that comparison is correct, it is a bit misleading for various reasons. U.S. states are more homogeneous than Eurozone countries. Our states...
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.20 (+1.12), UDN: 21.24 (+0.14), EUO: 27.88 (-0.64), USDU: 28.90 (-0.23), EUFX: 45.47 (-0.59), FORX: 42.33 (+0.26), ERO: 40.20 (-0.04), UUP: 26.28 (-0.21), UDNT: 10.33 (-0.15), DRR: 64.63 (-1.86)
Week Ahead In FX: USD Rally To Be Tested By FOMC Patience
Dean Popplewell - at Seeking Alpha - Sat Mar 14, 11:33AM CDT
By Alfonso Esparza The Federal Open Market Committee (FOMC) will release its interest rate statement, and Federal Reserve Chair Janet Yellen will speak at a press conference on March 18 at 2 p.m. ET, in the most anticipated event for next week in...
GDAY: 24.58 (-0.60), JYN: 47.40 (-0.75), ULE: 15.18 (+0.32), FXA: 76.74 (+0.41), URR: 16.49 (+0.22), CROC: 57.19 (-0.59), UUPT: 29.72 (-0.06), FXY: 80.14 (+0.08), EUO: 27.88 (-0.64), USDU: 28.90 (-0.23), UUP: 26.28 (-0.21), YCL: 13.68 (unch), YCS: 91.10 (-0.20), FXB: 145.65 (+0.97), FXE: 104.20 (+1.12), UDN: 21.24 (+0.14), EUFX: 45.47 (-0.59), FORX: 42.33 (+0.26), ERO: 40.20 (-0.04), UDNT: 10.33 (-0.15), GBB: 39.33 (+0.21), DRR: 64.63 (-1.86)
Trading The Parabolic U.S. Dollar
Adam Hamilton - Seeking Alpha - Sat Mar 14, 5:13AM CDT
The mighty US dollar has been red-hot in March, rocketing higher on the incredible divergence of major central-bank policies. While the Federal Reserve's first rate-hike cycle in 9 years looms, the European Central Bank has started aggressively...
ULE: 15.18 (+0.32), OUNZ: 11.51 (-0.01), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), EUO: 27.88 (-0.64), USDU: 28.90 (-0.23), UUP: 26.28 (-0.21), SGOL: 112.89 (-0.22), GLD: 110.80 (-0.08), IAU: 11.17 (unch), FXE: 104.20 (+1.12), UDN: 21.24 (+0.14), AGOL: 113.41 (-0.31), EUFX: 45.47 (-0.59), FORX: 42.33 (+0.26), ERO: 40.20 (-0.04), UDNT: 10.33 (-0.15), DRR: 64.63 (-1.86)
Goldman: Euro on the way to $0.80
Seeking Alpha - at Seeking Alpha - Fri Mar 13, 6:55AM CDT
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), FXE: 104.20 (+1.12), EUO: 27.88 (-0.64), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
Will The Dollar Impact U.S. Growth?
Tim Duy - Seeking Alpha - Fri Mar 13, 3:54AM CDT
A quick one while I wait for my flight at National. Scott Sumner argues that the strong dollar will not impact U.S. growth. In response to a Washington Post story, he writes : This is wrong, one should never reason from a price change. There are 4...
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.20 (+1.12), UDN: 21.24 (+0.14), EUO: 27.88 (-0.64), USDU: 28.90 (-0.23), EUFX: 45.47 (-0.59), FORX: 42.33 (+0.26), ERO: 40.20 (-0.04), UUP: 26.28 (-0.21), UDNT: 10.33 (-0.15), DRR: 64.63 (-1.86)
The Euro Is Still Far Too Strong
Scott Sumner - Seeking Alpha - Fri Mar 13, 1:24AM CDT
The title of this post does not refer to the exchange rate, the importance of which is overrated. Tyler Cowen has a new post on the euro. Here's his conclusion: All in all, the weaker euro is likely to prove a net benefit to the eurozone, all...
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), FXE: 104.20 (+1.12), EUO: 27.88 (-0.64), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
ProShares UltraShort Euro Shares Up 56.4% Since SmarTrend's Buy Recommendation (EUO)
Comtex SmarTrend(R) - Thu Mar 12, 10:03AM CDT
SmarTrend identified an Uptrend for ProShares UltraShort Euro (NYSE:EUO) on July 30th, 2014 at $17.84. In approximately 8 months, ProShares UltraShort Euro has returned 56.45% as of today's recent price of $27.91.
EUO: 27.88 (-0.64)
ECB QE program off and running
Seeking Alpha - at Seeking Alpha - Thu Mar 12, 8:46AM CDT
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), FXE: 104.20 (+1.12), EUO: 27.88 (-0.64), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
Currency Wars: A Controversy Of Words
The Intercollegiate Finance Journal - Seeking Alpha - Thu Mar 12, 8:12AM CDT
Recently, there has been a lot of rhetoric in the media about how the world's economic superpowers are in the midst of a massive currency war. In light of increasingly expansionary monetary policy (which necessarily leads to the depreciation of the...
FXCH: 78.60 (+0.05), CNY: 42.65 (-0.03), ULE: 15.18 (+0.32), URR: 16.49 (+0.22), CYB: 25.18 (-0.02), FXE: 104.20 (+1.12), FXF: 96.96 (+0.04), EUO: 27.88 (-0.64), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
U.S. Dollar Skyrockets As Euro Tumbles
MetalMiner - Seeking Alpha - Thu Mar 12, 6:01AM CDT
By Raul de Frutos After taking a 4-week break in February, the US dollar has restarted its ascent, skyrocketing again in March. The index is recently hit a new multi-year high. US dollar index since 2013. Source: MetalMiner Meanwhile, the...
ULE: 15.18 (+0.32), OLO: 6.71 (-0.19), URR: 16.49 (+0.22), BNO: 19.85 (-0.54), EUO: 27.88 (-0.64), USDU: 28.90 (-0.23), DNO: 64.74 (+2.20), OIL: 9.60 (-0.43), FXE: 104.20 (+1.12), OLEM: 21.64 (-0.66), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86), UDNT: 10.33 (-0.15), USO: 16.20 (-0.60), UCO: 6.35 (-0.51), DTO: 117.58 (+6.39), UUPT: 29.72 (-0.06), UWTI: 2.00 (-0.24), SCO: 96.59 (+6.56), UUP: 26.28 (-0.21), SZO: 71.84 (+0.92), DBO: 13.15 (-0.33), UDN: 21.24 (+0.14), DWTI: 157.69 (+15.69), FORX: 42.33 (+0.26), EUFX: 45.47 (-0.59), USL: 23.24 (-0.64)
Another Low In Euro Ahead Of U.S. Data And Carney Speech
Dean Popplewell - Seeking Alpha - Thu Mar 12, 5:38AM CDT
By Craig Erlam This week's trend of euro and dollar moves really dictating the state of play in the markets looks set to continue again this morning in the absence of any important scheduled events or data releases. This afternoon, shortly before...
ULE: 15.18 (+0.32), FEZ: 38.37 (+0.70), VGK: 54.14 (+0.73), DBEU: 29.29 (+0.16), URR: 16.49 (+0.22), FEP: 30.85 (+0.35), FIEU: 110.60 (+2.67), FEUZ: 32.31 (+0.57), EUO: 27.88 (-0.64), IEUR: 45.13 (+0.55), UPV: 45.68 (+1.24), FEU: 34.94 (+0.40), EPV: 57.69 (-1.46), HEDJ: 67.09 (+0.48), DBEZ: 29.77 (+0.23), ESTX: 46.35 (+0.89), FXE: 104.20 (+1.12), HEZU: 29.21 (+0.20), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86), ADRU: 22.62 (+0.33), EURL: 31.38 (+1.34), FEEU: 107.27 (+2.90), EZU: 38.23 (+0.67), EU: 20.54 (-0.08), SBEU: 25.41 (+0.30), IEV: 43.92 (+0.62), EUFX: 45.47 (-0.59)
Euro backs off 12-year lows
Seeking Alpha - at Seeking Alpha - Thu Mar 12, 3:27AM CDT
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), FXE: 104.20 (+1.12), EUO: 27.88 (-0.64), EUFX: 45.47 (-0.59), ERO: 40.20 (-0.04), DRR: 64.63 (-1.86)
Dollar-Euro Parity? Let The Market Figure It Out
Bob McTeer - at Seeking Alpha - Thu Mar 12, 1:02AM CDT
In recent years, in response to those who complained about our "weak" dollar and longed for "King" dollar, I have frequently paraphrased Saint Augustine on the topic of chastity. He reportedly prayed for the Lord to make him...
ULE: 15.18 (+0.32), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.20 (+1.12), UDN: 21.24 (+0.14), EUO: 27.88 (-0.64), USDU: 28.90 (-0.23), EUFX: 45.47 (-0.59), FORX: 42.33 (+0.26), ERO: 40.20 (-0.04), UUP: 26.28 (-0.21), UDNT: 10.33 (-0.15), DRR: 64.63 (-1.86)
ProShares UltraShort Euro Set to Possibly Pullback After Yesterday's Rally of 3.03%
Comtex SmarTrend(R) - Wed Mar 11, 5:04PM CDT
ProShares UltraShort Euro (NYSE:EUO) traded in a range yesterday that spanned from a low of $27.85 to a high of $28.35. Yesterday, the shares gained 3.0%, which took the trading range above the 3-day high of $27.41 on volume of 2.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
EUO: 27.88 (-0.64)