CurrencyShares Euro ETF News

The size and speed of the dollar’s fall are driven more by euro strength flowing out from the ECB’s move toward debt mutualization than by dollar weakness.

A huge comeback since March. Reason one- The US election.

Chinese equities posted small gains, but South Korea's Kospi took it on the chin, falling nearly 2.5%. India's 1% gain led the region.

Recently, we have been questioning whether the trend in the USD weakness that has been going on since the end of March is close to an end.

After a week of consolidation, we think EUR/USD could go back to test the highs. EUR/CHF remains trapped in tight summer ranges and we see no reason for a break-out.

The Asia-Pacific equity markets were mixed, with gains in China, Hong Kong, and Taiwan countering losses in Japan, South Korea, and Australia.

After rallying roughly 10 cents from the middle of May through late July, the euro has been in a broad range for the last couple of weeks.

Most markets in the Asia-Pacific region eased, though China and Australia advanced. Japanese shares were mixed.

The travel and entertainment industry is bearing the brunt of the pandemic. The financial cost of the pandemic will be long-lasting.

Three reasons to short the euro - specifically, against the British pound. EURGBP has failed to confidently break above 0.9150 for several times now.

The dollar traded above JPY107 for the first time nearly three weeks yesterday, but could not sustain the move today.

After making new lows against several currencies ahead of the weekend, the dollar bounced back smartly.

Better than expected reports from Apple, Facebook, Amazon, and Alphabet have failed to revive the dollar's fortunes.

After pushing above key levels around the Fed meeting yesterday, the euro and sterling have fallen to profit-taking and spurring a broader dollar bounce.