Latest News on PowerShares DB US Dollar Index Bearish (UDN) ETF

  • U.S. Dollar ETF Could Resume Rally [June 13 2018 10:20 AM]
  • After slumping last year, the Invesco DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) is up nearly 3% year-to-date, making it one of 2018's best-performing currency exchange traded funds. Albeit modestly, UUP gave back some gains last week, but some currency market observers see near-term downside for the greenback but believe the dollar can generate more upside down the road. “Bank of Amer... Read more about this PowerShares DB US Dollar Index Bearish (UDN) news
  • The U.S. Dollar Is In A Longer-Term Bull Market [May 30 2018 02:27 PM]
  • Chart 1 This is the longest-term view of the dollar. Despite this relatively recent development, the dollar remains oversold on this multi-year basis as can be seen in chart 2. Chart 2 The dollar is oversold and likely to move up. Read more about this PowerShares DB US Dollar Index Bearish (UDN) news




  • Could the US Dollar Slump Be Short Lived? [May 15 2018 04:33 AM]
  • The US dollar depreciated against its major trading-partner currencies after the Bureau of Labor Statistics reported on May 10 that US consumer prices grew 0.1% in April after falling 0.1% in March. The core consumer price index, which excludes volatile food and energy prices, rose 0.2%, marking a 2.1% year-over-year increase. The US dollar (UUP) fell after this report, as a slower rate of i... Read more about this PowerShares DB US Dollar Index Bearish (UDN) news

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