EUO News and Press, ProShares UltraShort Euro From 08/02/23

2023-08-02 06:45:00 ET Summary Late yesterday, on the eve of the quarterly refunding announcement, Fitch cut the US rating to AA+ from AAA, citing project fiscal deterioration over the next few years and "the erosion of governance". The dollar has retraced yesterday's gains agains...

2023-08-02 06:30:00 ET Summary The BoJ is playing a tactical game here, injecting an element of uncertainty into the markets. In the context of the US Treasury market, the impact is equally as complex. The BoJ’s policy twists and turns could have noteworthy implications...

2023-08-01 07:05:00 ET Summary The Reserve Bank of Australia left rates steady and the poor Chinese Caixin PMI is weighing on the Australian dollar, which is off about 1.25% today. Sterling is the best G10 performer, off about 0.1%. Emerging market currencies are also nearly all l...

2023-07-31 08:14:00 ET Summary Emerging market currencies, outside of a handful of central European currencies and the Malaysian ringgit and South Korean won, are lower. Asia-Pacific equities rallied, with Taiwan being the only notable exception. Before the weekend, Chile beca...

2023-07-30 12:15:00 ET Summary US dollar's recovery likely to extend into August, supported by potential increase in US CPI and stronger economic growth compared to Europe. Risk of a September Fed rate hike is greater than the market currently anticipates. Emerging market curr...

2023-07-26 00:50:00 ET Summary The Fed must decide whether to signal a pause for September after a likely 25 basis point rate hike on Wednesday, a signal that could have a major impact on the direction of the dollar. The ECB could revert back to data-dependency, something which th...

2023-07-21 20:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-07-19 23:40:00 ET Summary It has been a good day for the dollar so far, rising sharply against the pound and yen, and adding to its recovery against the antipodean currencies today. The dollar index was off a 15-month low, in other words, as the stay below 100.00 proved to be...

2023-07-18 08:14:00 ET Summary Equity markets are mixed, but mostly lower in the Asia Pacific region. The dollar is little changed against the Chinese yuan and is confined to a narrow range. The rate outlook was tweaked higher as the economists became more confident of two hik...

2023-07-17 08:18:00 ET Summary Yen, euro, and Swiss franc are enjoying a firmer tone, but only the euro has thus far extended last week's gains. The UAE and India formally announced over the weekend that they will use their respective currencies to settle bilateral trade. The ...