“December’s fall in euro-zone CPI inflation will add to concerns that the region could suffer from a bout of deflation and increase the pressure on the ECB to take more action to support the economy,” Ben May, European economist at Capital Economics Ltd., said in the article.
ETF investors interested in taking a more aggressive approach to the potential decline in the euro currency can utilize short and leveraged options, such as the ProShares UltraShort Euro ETF (NYSEArca: EUO), which tries to reflect twice the inverse daily performance of the euro, or the ProShares Short Euro ETF (NYSEArca: EUFX), which tries to reflect the inverse daily performance of the euro. Due to compounding effects of daily returns, the funds may not perfectly reflect the target return for extended periods.
CurrencyShares Euro Trust
For more information on the euro currency, visit our euro category.
Max Chen contributed to this article.