Cotton ETN Faces Challenges

The iPath Bloomberg Cotton Subindex Total Return ETN (NYSEArca: BAL) is among the commodities exchange traded products getting pinched by the recently resurgent U.S. dollar. Over the past month, BAL is lower by 5% and some agriculture commodities market observers are concerned more declines are in store for cotton. Some believe the PowerShares DB U.S.…Click to read more at ETFtrends.com.