The investment seeks to replicate net of expenses the Double longEuro Index. As the index is twotimes leveraged for every 1% strengthening of the euro relative to the U.S. dollar the level of the index will generally increase by 2% while for every 1% weakening of the euro relative to the U.S. dollar the index will generally decrease by 2%.
Quote | Morgan Stanley ZC SP REDEEM 30/04/2020 USD 40 (NYSE:URR)
Last: | $14.01 |
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Change Percent: | 0.0% |
Open: | $14.01 |
Close: | $14.01 |
High: | $14.01 |
Low: | $14.01 |
Volume: | 108 |
Last Trade Date Time: | 04/28/2020 04:48:34 am |
News | Morgan Stanley ZC SP REDEEM 30/04/2020 USD 40 (NYSE:URR)
More central banks are getting nervous about current market conditions ahead of the Fed's closely-watched policy announcement that will take place at 2 p.m. on Wednesday. The European Central Bank has called an "ad hoc meeting" for Wednesday morning as bond yields surge and investors dump sou...
The uncertainty over the economic outlook is now arguably the highest it has been over the past several years. The war in Ukraine is having a significant impact on trade flows - particularly in agricultural commodities. Alongside China lockdowns, bottlenecks look set to worsen in the ...
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