WisdomTree Long USD Short EUR
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WisdomTree Long USD Short EUR is an exchange-traded product that provides investors with exposure to the US dollar compared to the euro by holding a portfolio of FX forward contracts that are long USD and short EUR. The fund tracks the MSFXSM Long US DollarEuro Total Return Index, which means it benefits from daily changes in the USD/EUR exchange rate and includes interest rate differences between the two currencies. Essentially, if the US dollar strengthens against the euro, the fund’s value increases, and if the dollar weakens, the fund’s value decreases, reflecting the performance of the underlying currency positions.