Invesco CurrencyShares Euro Currency TrustFXE
FXE
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
15% more call options, than puts
Call options by funds: $19.7M | Put options by funds: $17.1M
6.46% more ownership
Funds ownership: 35.73% [Q3] → 42.19% (+6.46%) [Q4]
4% more capital invested
Capital invested by funds: $68M [Q3] → $70.7M (+$2.73M) [Q4]
0% more funds holding
Funds holding: 47 [Q3] → 47 (+0) [Q4]
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
Research analyst outlook
We haven’t received any recent analyst ratings for FXE.
Financial journalist opinion
Negative
Seeking Alpha
3 weeks ago
FXE: Euro Is A Bad USD Hedge Now
FXE provides unleveraged exposure to EUR/USD, making it a hedging option for the U.S. dollar. Its recent rally has been fueled by market optimism related to Germany's potential for fiscal expansion and the ECB's indication that it might go slower on reducing the borrowing costs. The current threats to market expectations make FXE's trajectory quite precarious, and investors may want to consider alternatives if a hedge against the dollar is ultimately what they seek.
Neutral
Seeking Alpha
2 months ago
After Brexit Came Regrexit - What's Next?
Absolute Return Partners is a London-based investment advisory business. Founded by Niels Jensen in 2002, it focuses on providing bespoke alternative investment solutions to institutional investors.
Positive
Zacks Investment Research
9 months ago
ETFs to Boost Gains Amid Rising Rate Cut Expectations
Recent unemployment data supporting a "soft economy" narrative, increases the market expectations of a rate cut starting in September. Look into areas to gain.
Neutral
Zacks Investment Research
9 months ago
Top ETF Stories of Q2 2024
Wall Street has delivered a moderate performance in the second quarter of 2024.
Positive
Zacks Investment Research
10 months ago
ETFs in Focus on ECB's First Rate Cut in Five Years
The European Central Bank (ECB) has finally cut its key interest rate, marking the first reduction since September 2019.
Neutral
Seeking Alpha
11 months ago
A Falling Euro Is Not The ECB's Biggest Headache
Along with rising speculation of EUR/USD approaching parity, the old question of how the European Central Bank should react to exchange rate movements is returning. We think that the falling euro is not the ECB's biggest concern on the road to a June rate cut.
Negative
Seeking Alpha
1 year ago
FXE: Contracting For The Next Big Move
The Euro has been rangebound since July 2023, but a break and significant move is setting up. The EU economy is showing signs of a weak turnaround, but growth projections remain subdued. The ECB's dovish shift and potential rate cuts could negatively impact the Euro.
Positive
Zacks Investment Research
1 year ago
Play These Currency ETFs Amid Rising Rate Cut Bets
Driven by increased bets of interest rate cuts and a rising trend towards de-dollarization, the greenback is gradually losing its global dominance.
Neutral
Seeking Alpha
1 year ago
FXE: The Potential For A Euro Rally In 2024
The euro is the world's second-leading reserve currency, but its path against the US dollar in 2024 is uncertain. The euro has been in a multi-year bearish trend against the US dollar since 2008, but the short-term trend is currently bullish. The war in Ukraine, falling US rates, the potential for a BRICS currency, and the upcoming US election are factors that could impact the euro-dollar relationship in 2024.
Neutral
Schaeffers Research
1 year ago
ETFs That Tend to Outperform in December
Subscribers to Chart of the Week received this commentary on Sunday, December 3.
Charts implemented using Lightweight Charts™