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EUO News and Press, ProShares UltraShort Euro From 09/01/23

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Company Name: ProShares UltraShort Euro
Stock Symbol: EUO
Market: NYSE

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EUO - China's Measures Begin To Find Traction, U.S. Employment Report On Tap

2023-09-01 07:00:00 ET Summary Beijing's measures to support the economy and stabilize the yuan are starting to have an impact, with the yuan halting its decline and the CSI 300 index rebounding. The Mexican peso extended losses after the central bank announced it was winding down...

EUO - Forex: Real Rate Convergence Still On The Cards

2023-09-01 04:49:00 ET Summary Stubborn resilience in US activity data and risk-off waves from China have translated into a strengthening of the dollar over the summer. We still think this won’t last much longer and see Fed cuts from early 2024 paving the way for EUR:USD re...

EUO - Market Awaits U.S. Data And Leadership

2023-08-30 08:15:00 ET Summary The dollar experienced a major technical reversal due to weaker-than-expected JOLTs report, leading to a drop in US interest rates. The focus is on US jobs data and personal consumption figures, while the euro and sterling remain firm. Germany's ...

EUO - Still No Follow-Through Dollar Buying After Last Week's Surge

2023-08-29 07:32:00 ET Summary The key data this week, US consumption and jobs, and the eurozone's CPI are awaited. The greenback is consolidating and has not seen follow-through buying so far this week. Emerging market currencies are mixed. The South African rand and Hungaria...

EUO - Trend Tracker for Proshares Ultrashort Euro $EUO

2023-08-29 04:15:00 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...

EUO - Dollar Consolidates As Market Considers Breakout And Rebuffs Beijing's Latest Efforts

2023-08-28 07:35:00 ET Summary The dollar is a narrow range (~+/- 0.15%) against the G10 currencies. Most emerging market currencies are lower. Among the exceptions are the South Korean won and Mexican peso. All the large bourses in the Asia-Pacific region were higher, with th...

EUO - BRICS Expansion: The Saudi Surprise Adds Momentum To The De-Dollarisation Debate

2023-08-24 11:55:00 ET Summary The big surprise from the BRICS summit in South Africa is that Saudi Arabia has been invited to join the group of major emerging countries. And that’s adding fresh impetus to the de-dollarisation debate, which is a potential challenge to the d...

EUO - BRICS To Expand A Little, USD Steadies After Yesterday's Retreat, Attention Turns To Jackson Hole

2023-08-24 07:43:00 ET Summary Yesterday's dollar losses are being trimmed, and the greenback is firmer against all the G10 currencies, with the Scandis and Antipodeans the heaviest. EM currencies are more mixed. Many Asia-Pacific currencies are firmer, while the Chinese yuan is l...

EUO - Euro And Sterling Slump On Poor PMI

2023-08-23 07:00:00 ET Summary Poor European flash PMI data leads to a stronger dollar as investors seek safe-haven currencies. Equities and bonds are mostly higher despite the weak economic news. European bond yields drop, while gold edges higher and oil prices decline due to...

EUO - Dollar Eases, Stocks And Bonds Advance

2023-08-22 07:15:00 ET Summary The dollar is softer against all the G10 and most of the emerging market currencies. Despite stepped-up efforts by Chinese officials and a firmer yen, the yuan remains on the defensive and is one of the handful of EM currencies softer on the day. ...

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