$149.86 1.56 (+1.05%)
11/9/2009 11:10 AM

CurrencyShares Euro Trust (FXE)

CAPS Rating: 1 out of 5

Exchange Traded Fund

Current Price $149.86 Mkt Cap $307.21M
Open $149.94 P/E Ratio 73.78
Prev. Close $148.30 Div. (Yield) 0.03 (N/A)
Daily Range $149.74 - $149.94 Volume 187,614
52-Wk Range $124.59 - $150.31 Avg. Daily Vol. 266,000

FXE News and Commentary

Caps

How do you think FXE will perform vs the S&P 500?

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All Members

135 Outperform
65 Underperform
 

All-Star Members

42 Outperform
30 Underperform
 

Wall Street

1 Outperform
0 Underperform
 

Top FXE Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

antedeluvian (27.46)
Submitted March 16, 2008

Dollar will continue to fall against major currencies. EU interest rates are rising, hence monthly dividends become more attractive.

TMFGalagan (92.76)
Submitted October 02, 2008

Europe's turn to go through credit crunch should weaken dollar short-term despite US rescue package.

FXE VS S&P 500 (SPY)

Recent Community Commentary

Read the most recent pitches from members about FXE.

Recs

0
Member Avatar richardrogers4 (65.02) Submitted: 11/5/2009 2:10:22 AM : Outperform Start Price: $148.58 FXE Score: -1.93

Buying on pullback

Recs

0
Member Avatar syas (57.35) Submitted: 10/3/2009 7:50:32 PM : Outperform Start Price: $145.90 FXE Score: -2.83

Recoverin in Europe is faster than expected. BCE is going to rise rates at similar time than EEUU.

Recs

0
Member Avatar herbs814 (41.84) Submitted: 7/29/2009 11:42:41 PM : Underperform Start Price: $140.53 FXE Score: +3.77

EUR/USD: The Euro hit $1.60 April 2008, then retraced to $1.25 October-November. Now $1.41.

If Euro breaks $1.60, it could form a fifth wave up. But the dependence of Europe upon exports suggests that their economies cannot support a much stronger Euro. This would be an unstable period that would sooner or later top and reverse.

EUR has support around $1.30 and $1.25 (9-month low). But Fibonacci says EUR could retrace to about $1.15... the lowest since October 2003. And if it can break these levels (and some support around $1.10-$1.05), it could fall back to? parity.

In the short term, FXE is failing at a test of resistance at its 2-month highs ($1.43). Stochastics are failing to form a new high on this test of resistance, confirming the case for a reversal, which has already formed 4 consecutive bearish candles.
During the run-up to this level 2 months back, the stochastics were very overbought for an extended period. Stochastics fell sharply, but FXE remained range-bound near the 1.43 highs. These divergences suggest that another selloff may be in store.

Leaderboard

Find the members with the highest scoring picks in FXE.

Score Leader

Calegro

Calegro (94.63) Score: +39.15

The Score Leader is the member with the highest score across all their picks in FXE.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score Commentary
jimmyanddelight 37.26 6/1/2007 Outperform NS $132.35 +13.23% -25.30% +38.53
agarcia1314 86.16 2/2/2007 Outperform 3M $128.13 +16.96% -20.26% +37.22
erdrik < 20 10/23/2006 Outperform 5Y $123.92 +20.93% -15.93% +36.86
real80fool < 20 1/25/2007 Outperform 3Y $128.21 +16.89% -19.77% +36.65 1 Comment
TonyH 91.56 11/16/2006 Outperform 3Y $126.46 +18.51% -18.05% +36.56 1 Comment
ldalton25 53.09 11/20/2006 Outperform 5Y $126.51 +18.45% -17.69% +36.15
dkelleher83 84.25 11/15/2006 Outperform 3Y $126.50 +18.46% -17.57% +36.03
d2p < 20 10/11/2006 Outperform 3Y $123.60 +21.25% -14.41% +35.66 1 Comment
VANCOTT1 < 20 5/16/2007 Outperform 3M $134.00 +11.83% -23.77% +35.61
guestworker 88.05 4/30/2007 Outperform 3M $135.01 +11.00% -23.17% +34.17

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackJHoenig 89.72 11/23/2007 Outperform 3W $146.43 +2.34% -20.96% +23.30

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