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ULE

PowerShares and Deutsche Bank have rolled out two exchange-traded notes that give investors additional options for expressing their outlook on the performance of the U.S. dollar against its major developed market rivals. The two new ETNs are linked to an index that consists of U.S. Dollar Index Futures, which reflect the performance of the greenback against a basket consisting of the euro, yen, pound, franc, Canadian dollar, and Swedish krona. The two new ETNs are: [click to continue…]

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Time For A Leveraged Euro ETF?

by Michael Johnston on May 20, 2010

It seems like ages ago that the future of the U.S. dollar as the world’s reserve currency was in serious doubt, with the euro being held out as one viable replacement. But with Greece on the brink of a fiscal collapse and several major European economies struggling to reel in ballooning budget deficits, it is the very existence of the euro zone common currency that is in doubt (see Six ETFs To Watch As The Greek Drama Unfolds). [click to continue…]

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Euro ETFs Under Fire

by Michael Johnston on December 15, 2009

As the U.S. dollar slid in recent months, one of the primary beneficiaries has been the euro, which had surged to the key $1.50 level relative to the dollar as worries about prolonged periods of low interest rates in the U.S. and the greenback’s future as the default reserve currency created a perfect storm around [...]

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