|Bid||20.18 x 4000|
|Ask||20.24 x 3200|
|Day's Range||20.18 - 20.24|
|52 Week Range||20.15 - 21.19|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-1.23%|
|Beta (5Y Monthly)||3.82|
|Expense Ratio (net)||0.75%|
The U.S. dollar has been hovering around 10-month high thanks to the economy???s much-better positioning in the developed market pack. This creates a buying opportunity for these ETFs.
With the rise in U.S. equities so far in 2019, it’s difficult to be a contrarian, but traders are finding opportunities in inverse exchange-traded products (ETPs) in futures, indexes, the greenback, and ...
Last year, the Invesco DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) jumped 7.10% to rank as one of the year's best-performing currency exchange traded funds. Analysts argued that the dollar’s strength at the start of the year was just a brief spike in a broader downward trend that began in 2017, pointing to easing of trade tensions, the ebbing effects of U.S. tax cuts and the Fed’s hesitation to tighten its monetary policy. Slowing economic growth in the U.S., the world's largest economy, could prompt modest dollar declines this year.