UUP

Don’t Expect Much Out of Dollar ETFs in 2018

As has been widely documented, the dollar is a dud among major developed market currencies this year. Just look at the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), the exchange traded fund proxy for the U.S. Dollar Index (DXY), which is down 7.6% year-to-date. UUP tracks movements against a basket of currencies including euro, [...] Read more on ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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