CurrencyShares Euro Trust

News & Analysis

currencyshares euro trust - All News and Analysis

• ECB Does Nothing, Indicates Monetary Tightening

  Seeking Alpha - 2009-11-05

  The Prudent Investor submits: Leaving its key interest rate unchanged at 1% on Thursday, the European Central Bank (ECB) appears to remain in standby mode, keeping financial institutions flush with cheap liquidity. The only new twist in President Jean-Claude Trichet's repetitive flood of calming words came in...

  Tags: Seeking Alpha, The Prudent Investor, CurrencyShares Euro Trust

• Buy the Rumor, Sell the News: The November Edition

  Seeking Alpha - 2009-11-01

  Brian McMorris submits: This past week's sell off in the markets is very similar to the Q2 reporting season beginning at the end of June or the Q1 reporting period beginning in March to April. Investors are now buying the rumor of solid corporate earnings and selling the news, no...

  Tags: US Market, Brian McMorris, CurrencyShares Euro Trust

• Strong Currency ETFs, Struggling Eurozone Economies

  Seeking Alpha - 2009-10-27

  Gary Gordon submits: We think we’ve got it bad? The growth forecast for the U.S. economy in 2010 is 2.5%. Forecasts for Japan and Europe? 1.4% and 1.2% respectively. Unemployment in the U.S. is expected to surpass 10%. Meanwhile, the Eurozone also plays the 10% unemployment...

  Tags: ETF, Gary Gordon, CurrencyShares Euro Trust

• Euro Rises to Its Highest Point in 14-Months Versus U.S. Dollar

  Seeking Alpha - 2009-10-20

  In early trading in Tokyo, the Euro rose to its highest level versus the U.S. Dollar since August 2008, trading just shy of $1.5000. The fall of the greenback is attributed to comments made yesterday by a host of central bankers, including the U.S.’s Fed Chairman, Ben Bernanke, who...

  Tags: US Market, Daily Forex, CurrencyShares Euro Trust

• Ireland's Next Stop Could Be IMF

  Seeking Alpha - 2009-10-18

  Edward Harrison submits: Ireland has made heroic strides in trying to deal with its economic problem after a spectacular property bust. But it is looking increasingly like it will not be enough. According to a senior Irish minister, the next stop for Ireland could be the International Monetary Fund (IMF)...

  Tags: Financial, Edward Harrison, CurrencyShares Euro Trust

• Spare a Dollar? Why We Need a New Monetary System Now

  Seeking Alpha - 2009-10-15

  Edward Harrison submits: Earlier Wednesday I wrote a post featuring comments by Marc Faber as I like to do from time to time. In this particular case Dr. Faber was waxing prosaically about an eventual bankruptcy of the U.S. government. His money quote was: Next station is when...

  Tags: US Market, China, Edward Harrison, CurrencyShares Euro Trust

• Jingle Mail in Latvia and 'Nipponization' in Germany

  Seeking Alpha - 2009-10-08

  Erwan Mahe submits: I will begin with Germany, which Wednesday morning published industrial orders for August: Total factory demand increased 1.4%, bringing the annual decline to 21.1%. We found capital goods and consumer goods orders, which I have represented in the graph, below, to be the most interesting aspect of...

  Tags: Seeking Alpha, Erwan Mahe, CurrencyShares Euro Trust

• How Will the S&P/Euro Divergence Continue?

  Seeking Alpha - 2009-10-04

  The LFB submits: After last week's miss on the U.S. employment numbers, the global equity markets quickly found sellers, and both Asian and European equity futures markets closed out trade at the lows on the day. However, Wall Street went on to regain lost ground, and made a sterling effort...

  Tags: US Market, The LFB, CurrencyShares Euro Trust

• Spain's Current Account Deficit Folds in on Itself

  Seeking Alpha - 2009-10-02

  Hugh Entrekin submits: Spain's current account deficit fell to 2.064 billion euros in July from 7.752 billion euros a year earlier as imports tumbled, according to the latest Bank of Spain data. This is a very sharp and dramatic fall, and my guess is that at this rate the gap...

  Tags: Seeking Alpha, Hugh Entrekin, CurrencyShares Euro Trust

• Euro Moves Set Up Yen Expectancy

  Seeking Alpha - 2009-09-21

  The LFB submits: A Year of Eur/Jpy Equals Usd/Jpy Opportunity From the summer of 2008 until now, the euro (Eur/Usd) and the yen (Usd/Jpy) have traded in four clearly defined stages that may guide as to Jpy cross pair momentum, and provide a window into the global fair...

  Tags: Seeking Alpha, TheLFB, CurrencyShares Euro Trust