UltraShort Euro
ProShares UltraShort Euro seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the U.S. Dollar price of the Euro.
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Index/Benchmark Summary
The euro benchmark is the 4 pm ET euro in U.S. Dollar terms (EUR/USD cross rate) as published in The Wall Street Journal and will be tracked to 4 decimal places. The EUR/USD cross rate is expressed as a rate that reflects the number of U.S. dollars that can be exchanged for one euro.
The EUR/USD cross rate is published daily in the Money & Investing section of The Wall Street Journal currencies chart.