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U.S. Dollar ETF a Dud Among Major Currency ETFs

ETF Trends

The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), the tracking exchange traded fund for the U.S. Dollar Index, is already down more than 5% year-to-date, making it a dud among major currency ETFs. However, the dollar and UUP could see more downside as bearish technical conditions persist. As things stand, UUP already resides…Click to read more at ETFtrends.com.