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Rating:No Surprise: Euro ETFs Track the Euro Up and Down Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, June 2, 2010

No Surprise: Euro ETFs Track the Euro Up and Down

News summary by MFWire's editors

The WSJ Fund Track column continues its obsession with ETFs and takes a look at the up-and-down path of Rydex's CurrencyShares Euro Trust (FXE) and the closing of the T. Rowe Price Mid-Cap Growth (RPMGX) and T. Rowe Price Mid-Cap Value (TRMCX) funds in an article that is heavier on minor news than meaningful analysis.

The ETF portion oft the article is a quick guide to investors seeking exposure to the euro and mentions WisdomTree Dreyfus Euro Fund (EU) and iPath EUR/USD Exchange Rate ETN (ERO) along with leveraged products including: ProShares Ultra Euro (ULE) and Market Vectors Double Long Euro ETN (URR) on the long side and ProShares UltraShort Euro (EUO) and Market Vectors Double Short Euro ETN (DRR) on the short side. 

Edited by: Sean Hanna, Editor in Chief

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