From JR Crooks: Spain continues to suffer under its crushing debt load. Meanwhile, one of its autonomous provinces wants to declare its fiscal independence as soon as this Sunday, Oct. 1.
Category: NYSE:EUO
ProShares UltraShort Euro
Why Investors Shouldn’t Buy The Euro Bounce
From Mike Burnick: The euro has enjoyed a nice rally in 2017, up recently almost 3.7% for the year.
Analyst: Expect Even More Losses For The Euro This Year
From Boris Schlossberg: To understand just how political currency markets have become, one needs to only look at the euro. Indeed, the currency is enjoying some of the best economic growth in years, yet remains mired within a few pennies of multi-decade lows.
Edelson: The Euro Could Completely Collapse This Year
From Larry Edelson: There is no question Europe has been struggling. In fact, the eurozone’s growth over the past year reached a paltry 1.6%. What’s even more depressing is that this number is twice the average growth rate from the previous ten years.
Expect More Declines For The Euro In 2017
From Taki Tsaklanos: We covered the US dollar extensively in recent weeks. We said we are bullish on the dollar. In fact, we thought the dollar had the best chart setup of most assets after the Fed’s rate hike in December. We also explained why the US dollar long term chart is bullish.
Traders Bet On Euro’s Decline As Italian Referendum Vote Looms
Analyst Paul Weisbruch brings to light some unusual options activity in a currency ETF that’s likely linked to the highly important Italian referendum vote set to take place this weekend.
Europe’s Greatest Cover-Up Could Mean The Death Of The Euro [Vanguard FTSE Europe ETF, Proshares Trust II]
NYSEARCA:EUO, NYSEARCA:VGK
The Euro-Dollar Parity Is Still Coming [Proshares Trust II, PowerShares DB US Dollar Index Bullish]
NYSEARCA:EUO, NYSEARCA:UUP
Grexit: Remaining In The Eurozone Is No Longer ‘The Base Case’ For Greece
According to the Wall Street Journal, Greece staying in the eurozone is no longer “the base case” for European officials, and one even told the Journal that “literally nothing has been achieved” in negotiations
Best ETFs To Profit From A Weak Euro [SPDR EURO STOXX 50 ETF, WisdomTree Inter Hedged Eq Fund]
NYSEARCA:FEZ, NYSEARCA:HEDJ
Euro Rapidly Approaching Parity, Drops 12% Year To Date
The Silver Bug: Bond yields in Europe continue to collapse. This comes amidst a massive QE program that the European Union began last Monday, in which they began repurchasing sovereign bonds in an attempt to boost inflation throughout the EU and to foster growth.
How The ECB Is Distorting Euro Money Markets [Vanguard FTSE Europe ETF, Proshares Trust II]
NYSEARCA:VGK, NYSEARCA:EUO
Euro Resumes Slide After Goldman Cuts Forecast, Expects Parity In 6 Months
Tyler Durden: Closing out another whirlwind week, which has seen the biggest S&P 500 intraday plunge and surge in months, futures are taking a breath (if not so much the Nikkei which closed over 19,000 for the first time since 2000 – one wonders
What Would A Greek Exit Really Mean For Global Markets? [Vanguard FTSE Europe ETF, iShares MSCI Emerging Markets Indx (ETF)]
NYSEARCA:VGK, NYSEARCA:EEM
Radical Leftists Win Election In Greece; Future Of Eurozone In Serious Jeopardy
Radical leftists have been catapulted to power in Greece, and that means that the European financial crisis has just entered a dangerous new phase. Syriza, which is actually an acronym for “Coalition of the Radical Left” in Greek,