Inverse ETF (USD/EUR)

siliond · #1 (**permalink**) 12-28-2008, 08:58 AM

How do I invest in Euro's future depreciation against US dollar?

optionmaestro · #2 (**permalink**) 01-12-2009, 03:06 PM

check out the Proshares site. They just came out with a new ETF for both Euro and Dollar. They have the double inverse and double for as well I believe.

siliond · #3 (**permalink**) 01-12-2009, 04:16 PM

Quote:

Originally Posted by optionmaestro

check out the Proshares site. They just came out with a new ETF for both Euro and Dollar. They have the double inverse and double for as well I believe.

Thank you for the reply.

I could not find a USD/EUR ETF, one that would bring a profit if the US dollar gets stronger against the Euro.

optionmaestro · #4 (**permalink**) 01-12-2009, 05:06 PM

Why don't you look at UUP that goes long the dollar, or you can buy the inverse ETF for the Euro and if Euro goes down fund will go up.

siliond · #5 (**permalink**) 01-12-2009, 05:14 PM

I can't find a inverse ETF for the Euro. Please give me an example.

I don't have too much experience in the market. You'll probably reply: if I'm not able to find the fund I wand to invest in, probably I shouldn't invest at all.

.

Thank you for your patience.

Sponsors