MutualFundWire.com: A ProShares ETF Rides the Anti-Euro Sentiment
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Wednesday, August 11, 2010

A ProShares ETF Rides the Anti-Euro Sentiment


Fundsters interested in currency-based or leveraged mutual funds and ETFs may want to take a look at this morning's Wall Street Journal. Brendan Conway reports that the ProShares UltraShort Euro ETF [see profile] is on the rise thanks to thousands of call contracts (which, in Conway's words, "signals bullish sentiment" on the idea that the euro will fall against the dollar).

WhatsTrading.com analyst Frederic Ruffy and Brown Brothers Hairrman currency strategy global chief Marc Chandler both weigh in for the article.


Printed from: MFWire.com/story.asp?s=33098

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