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URR (Market Vectors Double Long Euro ETN) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
URR does not currently pay a dividend.
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This investment is designed to closely mirror the performance of the Double Long Euro Index, after all operating expenses are factored in. A key characteristic is its two-times leverage, which means the index's value typically responds with double the magnitude to changes in the Euro's exchange rate against the U.S. dollar. Consequently, a 1% appreciation of the Euro generally translates to a 2% increase in the index, while a 1% depreciation typically leads to a corresponding 2% decrease.
Firms have turned to the European repo market amid an increase in volatility in the financial markets, which has encouraged participants to review their approach to risk. The increased use of European repo led the BrokerTec platform to post some significant milestones in May 2021.
Flash Eurozone PMI edges up from 47.8 in January to 48.1 in February. Manufacturing expansion gains momentum, helping offset further service sector weakness.