ETF traders looking to profit from further euro decline have short or bearish options as well, including the ProShares UltraShort Euro (NYSEArca: EUO), the ProShares Short Euro (NYSEArca: EUFX) and the Market Vectors Double Short Euro ETN (NYSEArca: DRR).
EUFX is designed to provide 100% of the inverse, or opposite, return of the U.S. dollar price of the euro, on a daily basis. EUO is the double-leveraged version of EUFX, providing a -2x, or -200%, daily performance of the euro currency. DRR tracks the Double Short Euro Index, which also provides a -200% exposure to the euro. Year-to-date, EUO increased 19.9%, EUO gained 9.7% and DRR rose 22.2%.
PowerShares DB U.S. Dollar Index Bullish Fund
For more information on the Forex, visit our currency ETFs category.