Company Name: ProShares UltraShort Euro
Ticker Symbol: EUO
Daily Target: -2x the daily performance of the USD price of the EUR
Underlying Currency: This ETF allows investors to take a leveraged position on the US dollar relative to the Euro. In the case of this ETF, the multiplier is -2x (-200%). The ETF is designed to go up if the US dollar appreciates in value relative to the Euro. If the US dollar depreciates in value relative to the Euro, the ETF is designed to go down.
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