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EUS3

MTA
82.059998 EUR
1.72
2.14%
Last update Jul 15, 5:18 PM CEST
Main market
Day range
80.35000
82.059998
Previous close
80.34000
Open
80.35000
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WT Long USD Short EUR 3x Daily Fund
82.06
1.72
2.14%

Overview

Description

The WT Long USD Short EUR 3x Daily Fund is an exchange-traded product designed to provide investors with three times the daily performance of a position that is long the US Dollar against the Euro. Primarily, this fund aims to capitalize on movements in the currency market, specifically targeting the US Dollar's appreciation relative to the Euro. This leveraged fund is particularly tailored for sophisticated investors, currency traders, and financial professionals looking to express high-conviction trades or short-term speculative strategies. The fund leverages financial instruments such as swaps and derivatives to magnify the performance of the underlying currency position daily, rebalancing at the close of each trading session to maintain the 3x leverage target. Given its structure, this fund is sensitive to market volatility and is most effective over very short investment horizons. It's important in the landscape of currency trading, offering a tool for hedging or boosting exposure to forex dynamics between the world's leading economies—the United States and the Eurozone. This fund is significant for those scrutinizing macroeconomic trends, central bank policies, and geopolitical developments impacting currency valuations.

About

Address
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
Italy
MIC code
XMIL
Main market

Exchange is currently active.
Closing in 6 hours 3 minutes

11:26
00:00
09:00
17:30
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:00
Main market
09:00 - 17:30
All times are displayed in the Europe/Rome timezone (CEST, UTC+02:00).