Eurozone Economy Gains Strength (ULE, URR)

Eurozone economy is rebounding strongly in Q1. According to Eurostat, Eurozone and EU27 economy grew by 0.8% in Q1, ahead of 0.6% predicted by most analysts and some way above 0.3% recorded in the last quarter of 2010. Strong European economy will be seen as good news for the European currency. Those traders who believe the euro will start to rise will be interested in Ultra Euro ProShares ULE and Market Vectors Double Long Euro ETN URR.