EUO News and Press, ProShares UltraShort Euro From 01/16/24

2024-01-16 07:35:00 ET Summary The US dollar is bid across the board and posting its best session of the month. It has been bolstered by rising US rates. Among the emerging market currencies, only the Russian ruble is holding its own. Equities are broadly lower. Only China's C...

2024-01-13 09:45:00 ET Summary Given the world's turmoil, the capital and commodity markets have remained firm. China will be the first large economy to report Q4 GDP in the days ahead and it too is not collapsing. We think the market is still too confident of a rate cut as so...

2024-01-12 07:45:00 ET Summary The odds of a Fed rate cut in March is virtually unchanged. US and UK strike on the Houthi in Yemen has helped lift oil and gold prices, but otherwise the impact on the markets is minimal. Gold set a new high for the week. February WTI has re...

2024-01-11 07:00:00 ET Summary The dollar's broad consolidative tone has continued into today. China will report December CPI and PPI tomorrow. Recent news that European Council President Michel will leave his post early if he is elected to the European Parliament has renewed ...

2024-01-10 07:45:00 ET Summary The broad consolidation in the dollar after the gyrations at the end of last week continues. Japan reported a smaller-than-expected rise in Tokyo's December CPI and weaker-than-expected household spending in November yesterday. The dollar tested ...

2024-01-09 07:48:00 ET Summary The dollar continues to consolidate broadly after the dramatic price swings at the end of last week. The foreign exchange market used to be sensitive to the monthly US trade figures. European benchmark 10-year bond yields are jumping 4-6 bp today...

2024-01-08 08:32:00 ET Summary The dollar is consolidating today in mostly narrow ranges. The selling pressure on Chinese stocks that trade in Hong Kong or the mainland continues. The MSCI Asia Pacific Index was off 2% last week, and those losses were extended today. Europe's ...

2024-01-06 10:05:00 ET Summary The terribly mixed US jobs report spurred dramatic intraday swings in exchange and US interest rates. There is little doubt that the labor market is slowing. In the coming days, the world's three-largest economies, the US, China, and Japan will r...

2024-01-05 08:15:00 ET Summary Stocks have been hit by profit-taking to start this year. Gold is trading heavier. The yellow metal is trading lower for the fifth session in the past six as rising rates and a firmer dollar sap its recent strength. The US jobs report is the firs...

2024-01-05 03:10:00 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...