|Bid||129.85 x 2900|
|Ask||129.87 x 1100|
|Day's Range||129.79 - 130.04|
|52 Week Range||117.48 - 132.65|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.40%|
The US Dollar Index (UUP) continued its ascent against the other major currencies as investors positioned for a rate hike from the Fed and reacted to the increased possibility of tax reforms by the end ...
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
The US Dollar Index (UUP) had another bad week as traders offloaded long dollar positions amid tax reform uncertainty last week.
The International Monetary Fund (or IMF), in its October world economic outlook, downgraded its growth outlook for the United Kingdom.
The US dollar index (UUP) remained supported last week despite a dovish FOMC statement and a lower-than-expected rise in monthly non-farm payrolls.
The British pound depreciated 1.41% against the US dollar after the policy statement from the BOE (Bank of England) on November 2.
The central bank said that the key reason for such sharp increase in prices was due to the depreciation of the British pound after the Brexit referendum.
The British Pound (FXB) appreciated by more than 2% against the US dollar last week. The pound (GBB) closed for the week at 1.3288, appreciating by 1.69% against the US dollar (UUP).
The US Dollar Index (UUP) closed at 93.64 last week, a gain of 0.82% and the fourth consecutive weekly rise. The dollar didn't react to a loss of 33,000 jobs in September.
The British pound (FXB) depreciated against the US dollar for the week ended September 29. The pound (GBB) posted a weekly close of 1.3397, depreciating by 0.71% against the US dollar (UUP).
The British pound is headed for its fourth weekly positive close in a row backed by the strong August inflation print and the hawkish statement from the Bank of England.
Inflation in the United Kingdom has been on a higher trajectory with consumer prices in the United Kingdom rising 2.9% in August year-over-year.