WisdomTree Short EUR Long USD 3x Daily
UMushroom community rating:
0.00
0 votes
No rating yet
NegativeNeutralPositive
WisdomTree Short EUR Long USD 3x Daily is an exchange-traded product that aims to deliver three times the daily inverse performance of the euro against the US dollar. It does this by holding a leveraged portfolio of positions that short the euro and long the US dollar through FX forward contracts. This setup allows investors to amplify their exposure to declines in the euro’s value relative to the US dollar, seeking to achieve triple the opposite movement of the EUR/USD exchange rate each day.