ETF Traders Are Betting on More Dollar Upside
This article was originally published on ETFTrends.com.
The previously downtrodden PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) jumped nearly 2% last week and is sporting a second-quarter gain of more than 3%. Some ETF traders see more upside ahead for the marquee dollar exchange traded fund. UUP tracks movements against a basket of currencies including euro, Japanese yen, British pound, Canadian [...]