EUO News and Press, ProShares UltraShort Euro From 10/06/23

2023-10-06 12:00:00 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...

2023-10-06 08:00:00 ET Summary The softness of US interest rates helped the yen find better traction even if there was no intervention earlier this week. Germany's decision suggests that there may not be an imminent breakthrough in EU negotiations for reform of the electricity mar...

2023-10-05 08:00:00 ET Summary Japanese yields crept up to new highs. French manufacturing and industrial output fell in August. Canada's merchandise trade balance has deteriorated. Overview: The markets remain unsettled. Follow-through dollar selling has been li...

2023-10-04 08:00:00 ET Summary Although there has been no confirmation, the strategic ambiguity is helping steady the yen and the dollar more broadly today, even though US yields remain firm. Japanese officials have pushed back against the idea that there is an "intervention level...

2023-10-03 08:00:00 ET Summary The dollar's gains were initially extended before a consolidative tone emerged. The market does not think that Japan can have it both ways in the current environment. We remain struck by the discrepancy between the talk of de-dollarization and it...

2023-10-02 06:52:00 ET Summary The US avoided a government shutdown, spurring new gains in US interest rates and helping underpin the dollar at the start of the new quarter. The Swiss franc is the only G10 currency holding its own against the dollar today. Among EM currencies,...

2023-09-30 02:23:00 ET Summary The 10-year BTP-Bund spread touched 200bp yesterday – the level that usually triggers a spillover into FX. The euro is starting from an already undervalued position this time, and the ECB's TPI might mitigate the FX impact, but conditionality ...

2023-09-29 07:45:00 ET Summary The dollar's surge has stalled and it is now lower against all G10 currencies, with the dollar-bloc and Scandis leading the move. European stocks are up over 1%, while US index futures are trading higher. Bonds are also rallying. Japan's price pr...

2023-09-28 07:00:00 ET Summary The US government shutdown has led to a liquidation of long dollar positions, causing the dollar to weaken against G10 currencies. The Chinese yuan has stabilized ahead of the upcoming holidays, while oil prices have jumped due to low US oil stocks. ...

2023-09-27 07:15:00 ET Summary S&P 500 hits three-month lows, consumer confidence falls to four-month low, and new home sales at lowest level in five years. US dollar continues to rise against G10 currencies, including the euro and sterling. Equities are trading higher tod...