Spotlight: Three Currency ETFs In Focus: (UDN, FXE, ULE)
February 28th, 2011
David Fry From ETF Digest goes into detail on 3 currency ETFs discussing the PowerShares DB US Dollar Index Bearish ETF (NYSE:UDN), CurrencyShares Euro ETF (NYSE:FXE), and the ProShares Ultra Euro ETF (NYSE:ULE) in a video.
Fry Notes, “One result of the positive PMI Monday is gained by driving Bucky lower. While the Fed says it’s keeping one of its mandates they mislead about a supposedly strong dollar. The ETF Digest is long FXE & UDN.”
See the video below on his ETFs in focus with the PowerShares DB US Dollar Index Bearish ETF (NYSE:UDN), CurrencyShares Euro ETF (NYSE:FXE), and the ProShares Ultra Euro ETF (NYSE:ULE) below:
The Euro’s Demise Has Been Set in Motion: Are you protected?
"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
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Take a look at our category on the ETF for more in-depth articles below:
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