Market Sentiment: Overall investor confidence and risk appetite significantly impact ETF prices. Positive sentiment drives demand, increasing prices; negative sentiment leads to selling pressure and lower prices.

Underlying Asset Performance: FEUQ tracks specific securities. The performance of these underlying assets directly influences the ETF's net asset value (NAV) and market price.

Supply and Demand: Basic economics dictate that high demand coupled with limited supply pushes prices up, while excess supply relative to demand results in price declines.

Currency Exchange Rates: As FEUQ is traded on XETRA, currency fluctuations between the fund's underlying assets' currency and the Euro (EUR) affect its price.

Expense Ratio and Trading Costs: The ETF's expense ratio, as well as trading costs (brokerage commissions, bid-ask spreads), can affect its attractiveness and, consequently, its price.

Interest Rates: Changes in interest rates can influence investment decisions and potentially impact demand for ETFs like FEUQ.

Geopolitical Events: Major political or economic events can trigger volatility and significantly impact investor sentiment, thus influencing FEUQ's price.