Currency traders can track a strengthening U.S. dollar with the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), which tracks the price movement of the U.S. dollar against a basket of currencies, including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc. Additionally, the actively managed WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEArca: USDU) tracks the USD against a broader basket of developed and emerging market currencies. Specifically, UUP includes a 57.6% tilt toward the euro currency and USDU has a smaller 30.5% weight in the euro.

On the other hand, aggressive currency traders can also target further weakness in euro through inverse ETF options. For instance, the ProShares Short Euro (NYSEArca: 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 and the ProShares UltraShort Euro (NYSEArca: EUO) provides 200% of the inverse return of the U.S. dollar price of the euro on a daily basis. Additionally, the Market Vectors Double Short Euro ETN (NYSEArca: DRR) tracks the Double Short Euro Index, which also provides a -200% exposure to the euro.

Currency traders will be watching for Friday’s October employment figures. Fed Chair Janet Yellen has stated that the central bank’s monetary policy relies employment strength and has already hinted at hiking interest rates as a “live possibility” at the December meeting.

For more information on the USD, visit our U.S. dollar category.

Max Chen contributed to this article.