Previous Close | 114.20 |
Open | 117.18 |
Bid | 0.00 x 800 |
Ask | 0.00 x 1100 |
Day's Range | 113.40 - 121.02 |
52 Week Range | 25.62 - 136.25 |
Volume | 79,751 |
Avg. Volume | 57,740 |
Net Assets | 170.98M |
NAV | 118.90 |
PE Ratio (TTM) | N/A |
Yield | 0.14% |
YTD Daily Total Return | 9.57% |
Beta (5Y Monthly) | 2.40 |
Expense Ratio (net) | 0.95% |
Inception Date | 2007-01-30 |
There is a hidden string that ties currencies to crude oil. This correlation persists for many reasons, including resource distribution, the balance of trade (BOT), and market psychology. Also, there is crude oil’s significant contribution to inflationary and deflationary pressures that intensifies these interrelationships during strongly trending periods—both to the upside and to the downside.