Markets.com Logo
markets.com

GDXY

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

Analysis and statistics

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

About

GDXY.US represents the ProShares Short Euro ETF. This exchange-traded fund (ETF) is designed to deliver the inverse (-1x) of the daily performance of the U.S. Dollar price of the Euro. Investors typically use GDXY to profit from or hedge against a decline in the value of the Euro relative to the U.S. dollar. It is important to note that due to its daily rebalancing, the ETF's performance over periods longer than one day can differ significantly from the stated daily objective.
markets.com
Micron vs SanDisk: Which Stock Is Better Positioned for AI Growth?

Micron vs SanDisk: Which Stock Is Better Positioned for AI Growth?

Julian Parker|--
AMD vs Intel vs Arm: Which Stock Could Benefit Most From the AI Inference Boom?

AMD vs Intel vs Arm: Which Stock Could Benefit Most From the AI Inference Boom?

Daniel Carter|--
AMD Joins the $1 Trillion Club as AI Demand Lifts Shares: AI Chip Stock Forecast and Outlook

AMD Joins the $1 Trillion Club as AI Demand Lifts Shares: AI Chip Stock Forecast and Outlook

Julian Parker|--
British Pound Short-Term Outlook: Can GBP/USD Hold 1.33 as Fed–BoE Policy Divergence Widens?

British Pound Short-Term Outlook: Can GBP/USD Hold 1.33 as Fed–BoE Policy Divergence Widens?

Julian Parker|--
Stellar XLM Price Prediction 2026, 2027 & 2030: Can XLM Reach $1?

Stellar XLM Price Prediction 2026, 2027 & 2030: Can XLM Reach $1?

Daniel Carter|--

The energy sector remains a hot topic & precious metals

Darius Anucauskas|--
Dollar to Mexican Peso Forecast 2026–2030: Can USD/MXN Break Above 17.50 as the Rate Gap Narrows?

Dollar to Mexican Peso Forecast 2026–2030: Can USD/MXN Break Above 17.50 as the Rate Gap Narrows?

Julian Parker|--

Factors

Gold Price: GDXY.US's value is intrinsically tied to gold prices. Rising gold prices typically drive up the ETF's price, while falling gold prices cause it to decline.

Market Sentiment: Investor sentiment towards gold as a safe-haven asset greatly impacts GDXY.US. Fear or uncertainty in the broader market often increases demand for gold ETFs.

Interest Rates: Higher interest rates can make bonds and other fixed-income assets more attractive, potentially decreasing demand for gold and GDXY.US.

Currency Fluctuations: Since gold is often priced in USD, changes in the USD's value against other currencies can affect GDXY.US. A weaker dollar tends to increase gold's price.

Inflation Expectations: Rising inflation expectations can increase the appeal of gold as an inflation hedge, driving up GDXY.US's price.

Supply and Demand: Basic economic principles dictate that changes in gold's supply and demand will influence its price and, consequently, GDXY.US's price.

People Also Watch

Latest news

Gold Price Today: Gold Holds Near $4,280 After Strong US PMI Sends Treasury Yields Higher

Gold Price Today: Gold Holds Near $4,280 After Strong US PMI Sends Treasury Yields Higher

Julian Parker|--
McDonald’s Stock Falls Nearly 5% as NEXT Investor Day Raises Turnaround Questions

McDonald’s Stock Falls Nearly 5% as NEXT Investor Day Raises Turnaround Questions

Julian Parker|--
Treasury Yields Spike After Strong US PMI as Nasdaq Falls More Than 1%

Treasury Yields Spike After Strong US PMI as Nasdaq Falls More Than 1%

Julian Parker|--

Latest Education Articles

Risk Management 101

Risk Management 101

Julian Parker|--
Best AI Stocks to Buy Now: 10 Best Performing AI Stocks to Watch in 2026

Best AI Stocks to Buy Now: 10 Best Performing AI Stocks to Watch in 2026

Julian Parker|--
Gold Scalping Strategy: How Scalping XAU/USD Works

Gold Scalping Strategy: How Scalping XAU/USD Works

Julian Parker|--
Recommended Topics
markets.com