Short Euro Trade Loses Steam as EUO Logs Heavy Outflows

Short Euro Bears Step Back as ProShares UltraShort Euro Sees Notable Outflow

ProShares UltraShort Euro’s EUO recorded a sizable outflow of $1.40 million on February 13, 2026, marking a shift in sentiment toward euro weakness. The bearish ETF now holds $32.70 million in assets under management, with the latest redemption representing roughly 4.27% of its AUM, a meaningful vote of confidence in the single currency’s resilience.

The related asset, FX:EUR-USD, is currently trading at 1.17867, having gained about 2.09% over the past three months as the euro grinds higher against the dollar. The pair’s 1-day technical signal flashes a cautious bullish tone, registering as a Buy, which helps explain why traders may be trimming leveraged short exposure.

For a more detailed analysis and real-time sentiment trends, check the live currency exchange rates here.