U.S. Dollar ETF Begins to Lose Ground After a Strong Year
This article was originally published on ETFTrends.com.
After its recent rally, the U.S. dollar and related ETF have lost some steam, weakening against its fellow developed-market peers. The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), which tracks the USD’s movements against a basket of major developed currencies, declined 0.9% over the past month. Meanwhile, the ICE Dollar Index, which measures the [...]