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EUO

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    28.072$
  • Previous Close
    28.5133$
  • 52 Week Change
    --
  • Day Range
    -0.44$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The ProShares Ultra Euro ETF (EUO.US) is a leveraged exchange-traded fund designed to provide twice (2x) the daily investment results of the euro against the U.S. dollar. It seeks to magnify the daily performance of the euro relative to the dollar; however, due to the effects of compounding, its performance over periods longer than a single day can differ significantly from two times the cumulative performance of the underlying euro/dollar exchange rate. It is important for investors to understand that this leveraged strategy is designed for short-term trading and is not intended as a long-term investment vehicle.
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Factors

EUO.US tracks the inverse of the daily performance of the euro versus the U.S. dollar.

Eurozone Economy: Weaker economic data from the Eurozone can weaken the euro, increasing EUO's price.

US Economy: Strong US economic data tends to strengthen the dollar, boosting EUO.

ECB Policy: Dovish European Central Bank policy can depress the euro, raising EUO's value.

Federal Reserve Policy: Hawkish Fed policy can strengthen the dollar, benefiting EUO's price.

Geopolitical Events: Events impacting either the Eurozone or US can influence currency values and EUO.

Market Sentiment: Overall risk appetite and investor sentiment toward the euro and dollar affect EUO.

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