EUR (Euro) Currency

Euro currency funds and ETFs invest the majority of their assets in... Euro currency funds and ETFs invest the majority of their assets in the Euro currency or Euro currency futures contracts. These funds, which tend to be priced in U.S. dollars, are usually passively managed. They can be leveraged or unleveraged. There are also inverse versions of these funds, which allow investors to express a bearish view on the Euro. The Euro’s value vs. the U.S dollar is affected by a number of factors, such as relative interest rates (interest rate differentials among countries), economic growth expectations, commodity prices, budget and trade deficits, and geopolitical tensions. Speculators also play a big role in short-term currency fluctuations. As a result, these may be appropriate for an aggressive investor willing to take on a fair amount of risk to achieve higher returns. Last Updated: 12/24/2024 View more View less

Euro currency funds and ETFs invest the majority of their assets in the Euro currency or Euro currency futures contracts. These funds, which tend to be priced in U.S. dollars, are usually passively... Euro currency funds and ETFs invest the majority of their assets in the Euro currency or Euro currency futures contracts. These funds, which tend to be priced in U.S. dollars, are usually passively managed. They can be leveraged or unleveraged. There are also inverse versions of these funds, which allow investors to express a bearish view on the Euro. The Euro’s value vs. the U.S dollar is affected by a number of factors, such as relative interest rates (interest rate differentials among countries), economic growth expectations, commodity prices, budget and trade deficits, and geopolitical tensions. Speculators also play a big role in short-term currency fluctuations. As a result, these may be appropriate for an aggressive investor willing to take on a fair amount of risk to achieve higher returns. Last Updated: 12/24/2024 View more View less