ProShares UltraShort Euro
Why the Euro Slumped on Dovish ECB Statement
The euro fell by more than 2% against the US dollar after the ECB (European Central Bank) meeting on October 22, 2015.
Why the Euro Slid despite the European Central Bank’s Optimism
The ECB (European Central Bank) left its policy unchanged at its April meeting, squashing any hopes for tightening in the near term.
Why the ECB Isn’t Worried about the Appreciating Euro
In the ECB’s (European Central Bank) October policy meeting, the ECB didn’t explicitly talk about the appreciating euro.
Update from the European Central Bank’s October Policy Statement
In the ECB’s (European Central Bank) October policy meeting, its laid out its plans for the QE (quantitative easing) program.
Can the ECB Stop the Appreciating Euro?
In its September 7 policy meeting, the ECB (European Central Bank) said that currency appreciation or depreciation is not part of its current mandate.
Why Did the ECB Downgrade Its Inflation Outlook?
In its September 7 policy meeting, the ECB (European Central Bank) downgraded the outlook for the EU economy’s inflation.
Why Some Are Wondering if the European Central Bank Is Getting Ready for an Exit
In its September 7 policy meeting, the ECB (European Central Bank) left its policy measures unchanged, leaving interest rates at 0%.
Will the ECB Surprise Markets with a Tapering Announcement?
The governing council of the European Central Bank (or ECB) is scheduled to meet on September 7 in Frankfurt, Germany. The meeting will be followed by a press conference.
Will Weak Data from the EU Derail the Euro?
The euro (FXE) remained confined to a narrow range against the US dollar (UUP) in the previous week.
Will the US Dollar Rally?
After the election results were announced in the US, the Dollar Index (UUP) surged to levels above the 103 mark in anticipation of fiscal stimulus, tax breaks, improving economic conditions, and the possibility of rate hikes.
Monetary Policy Statement: Why the ECB Kept Rates Unchanged
The ECB decided to keep the key rates unchanged in the monetary policy review on July 21, 2016. The pound was the major loser among the currencies.
Why Were the United Kingdom’s Growth Forecasts Slashed?
Looking at the change in growth forecasts in advanced economies, the United Kingdom suffered the largest downward revision of estimates.
Why Did the Bank of England Relax Regulatory Requirements?
The BOE (Bank of England) released the Financial Stability Report on July 5, 2016. It warned multiple times about the repercussions of a Brexit.
Pound Falls, BOE Summer Stimulus Hopes Rise after Carney’s Speech
On June 30, BOE (Bank of England) governor, Mark Carney, gave a speech signaling the BOE’s possible actions after the Brexit referendum on June 23.
What Were the Best-Performing Currencies on June 29?
The Malaysian ringgit led the rise in Asian currencies as the US dollar-ringgit currency pair, which is inversely related to the ringgit, fell by 1.7%.
Commodity Currencies Rise against the US Dollar
The US Dollar Index measures the strength of the dollar against a basket of major currencies. It fell by 0.30% on June 28. This ended the upward trend.
Currencies Extend Friday’s Brexit Losses
Major Asian currencies extended their weak run against the US dollar on June 27, 2016. The US dollar and Chinese yuan currency pair was trading at 6.7 on June 27.
Euro Falls further after Paris Attack
The euro fell against the US dollar on November 13, 2015, even as positive economic growth in the Eurozone was reported on Friday.
Euro Falls as Draghi Comments on Further Easing
The euro-to-US-dollar currency pair fell below the support level of 1.1 after comments from ECB (European Central Bank) chief Mario Draghi on further quantitative easing.
European Central Bank Hints at Increasing Quantitative Easing
The euro drove downward against the US dollar as Mario Draghi, president of the European Central Bank (or ECB), hinted at increasing the stimulus program to spark growth in the European economy.