EUO News and Press, ProShares UltraShort Euro From 04/30/24

2024-04-30 09:14:08 ET Summary The inverted Bund yields continued this week with the negative 2-year/10-year yield spread at negative 40.8 basis points compared to 49.8 basis points last week. As a result, today’s simulation shows that the probability of negative spreads in...

2024-04-30 08:10:00 ET Summary Stronger-than-expected eurozone GDP strengthened the sense that a nascent recovery may be taking hold and has given the euro a bid in the European morning. Japanese stocks rallied strong coming back from the long weekend. The euro remained within...

2024-04-29 07:35:00 ET Summary The dollar soared to almost JPY160.20 before falling sharply to JPY154.55 and then rebounding to almost JPY156.00. The euro reached almost $1.0755 before turning lower ahead of the weekend, the highest level in slightly more than two weeks. Emerg...

2024-04-28 04:30:00 ET Summary The backing up of US rates did not lift the dollar broadly as it appeared to have done previously. The Bank of Japan had an opportunity to have protested the yen's weakness more adamantly but did not do so. The FOMC meeting concludes a couple of ...

2024-04-22 16:39:53 ET Summary The inverted Bund yields continued this week with the negative 2-year/10-year yield spread at negative 49.6 basis points compared to 49.2 basis points last week. As a result, today’s simulation shows that the probability of negative spreads in...

2024-04-18 11:00:00 ET Summary Along with rising speculation of EUR/USD approaching parity, the old question of how the European Central Bank should react to exchange rate movements is returning. We think that the falling euro is not the ECB’s biggest concern on the road to...

2024-04-18 07:11:34 ET The proposal has been tossed around many times over the past decade, but EU leaders are now looking to see exactly how to move ahead with a single capital market union. The main idea aims to diversify funding sources across the bloc and facilitate cross-border investm...

2024-04-16 18:33:50 ET Summary The inverted Bund yields continued this week with the negative 2-year/10-year yield spread at negative 49.2 basis points compared to 47.1 basis points last week. As a result, today’s simulation shows that the probability of negative spreads in...

2024-04-12 06:15:00 ET Summary The continued robust US jobs growth and above-trend growth allow the Federal Reserve to remain focused on inflation. Fed Chair Powell has drawn attention to the core services excluding housing, and it rose at around an 8% annualized pace in Q1. F...

2024-04-11 08:05:00 ET Summary The market appears to be catching its proverbial breath today, but the shallow consolidation suggests the moves are not over. The dollar has reached nearly JPY153.30, and although Japanese officials cautioned about the FX moves, intervention while Pr...