USDU - WisdomTree Bloomberg U.S. Dollar Bullish Fund
| Previous Close | 27.31 |
| Open | 27.44 |
| Bid | 25.30 x 2900 |
| Ask | 29.52 x 1300 |
| Day's Range | 27.37 - 27.50 |
| 52 Week Range | 25.83 - 27.80 |
| Volume | 4,739 |
| Avg. Volume | 13,780 |
| Net Assets | 42.3M |
| NAV | 27.48 |
| PE Ratio (TTM) | N/A |
| Yield | 0.88% |
| YTD Return | 1.51% |
| Beta (3Y Monthly) | 2.05 |
| Expense Ratio (net) | 0.50% |
| Inception Date | 2013-12-18 |
- Benzinga•2 months ago
Stubbornly Strong Dollar Could Remain That Way
UUP, which tracks the Deutsche Bank Long USD Currency Portfolio Index, is up 3.58 percent. Underscoring the strength in the dollar this year, the WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSE: USDU) is up almost 2.20 percent year to date. Amid expectations that the Federal Reserve will not raise interest rates this year after doing so four times in 2018, dollar strength is confounding some market observers while others expect the scenario to continue.
- Market Realist•3 months ago
BMO Capital Markets Raised Its Gold Price Forecast
Gold: Analysts Are Bullish despite Weak Performance in 2019(Continued from Prior Part)BMO Capital Markets BMO Capital Markets raised its gold price forecast for 2019 0.8% to $1,293 per ounce in March. The firm is expecting gold prices to average
- Zacks•3 months ago
U.S. Dollar At 10-Month High: ETFs to Buy & Sell
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.
Market Realist•3 months agoShorting European Equities Is Crowded—Could It Mean a Reversal?
BAML Survey: How Are Global Fund Managers Positioned?(Continued from Prior Part)Most crowded tradeAccording to the latest Bank of America Merrill Lynch survey, shorting European equities (HEDJ) has been the most crowded trade for two months in a
- Market Realist•3 months ago
Gundlach Predicts What the Next Downturn Will Look Like
Why Jeffrey Gundlach Thinks Now's a Good Selling Opportunity(Continued from Prior Part)Jeffrey Gundlach on the next downturn Jeffrey Gundlach believes that if equities do well this year, emerging market equities will do better than US stocks (SPY)
- ETF Trends•3 months ago
3 ETFs to Take Advantage of a Rising U.S. Dollar
The U.S. dollar has been the pushy salesman who won't take no for an answer when it comes to potential declines from a more dovish Federal Reserve. Of course, less hikes and a rate cut would translate to dollar weakness, but the greenback has been snubbing that notion as of late. The U.S. ICE Dollar Index, a key measure for the dollar against 12 other currencies, has been on an upward trajectory since April 2018. Of course, a stronger dollar is translating to indigestion for gold traders--the precious metal has taken a back seat with the precious metal falling one percent on Tuesday to settle at a price of $1,274.05 as of 1:30 p.m. ET.
- Market Realist•4 months ago
Why Gundlach Thinks It’s Time to Be a Long-Term US Dollar Bear
Why Jeffrey Gundlach Thinks We're Still in a Bear Market(Continued from Prior Part)The next move for the US dollar could be downDuring his “Highway to Hell” webcast, Jeffrey Gundlach put forth several arguments for a bearish long-term outlook
Market Realist•4 months agoThese Assets Could Be Attractive If Fed Rethinks Inflation Course
What Are Markets Expecting from Fed’s Policy Meeting?(Continued from Prior Part)Fed’s inflation targetThe Federal Reserve’s two main objectives are stabilizing prices and maximizing employment. The Fed’s inflation target has been 2% for a
- Market Realist•5 months ago
Goldman Sachs: Why It’s a ‘Pound-the-Table Time’ to Buy Gold
Goldman Sachs: Why It's a ‘Pound-the-Table Time’ to Buy GoldGold prices fell recently Gold prices (GLD) fell by over 2.5% for the week ended March 1, their biggest weekly decline since August 2018. Mostly, the trade optimism between the US and
- Market Realist•5 months ago
JPM Likes Gold, as Fed Might Let Inflation Overshoot Target
Buffett versus Dalio on Gold: Whose Advice Should You Take?(Continued from Prior Part)Fed to let inflation overshoot target? The Federal Reserve has two main objectives: price stability and maximizing employment. Its inflation objective has been 2%
- ETF Trends•5 months ago
U.S. Dollar ETFs Find Renewed Strength
The U.S. dollar and related exchange traded funds just experienced back-to-back session gains, reflecting the ongoing strength in the greenback and adding to concerns for some. ETF traders can gain exposure to an appreciating greenback through targeted ETF strategies. For instance, the PowerShares DB U.S. Dollar Index Bullish Fund (UUP) tracks the price movement of the U.S. dollar against a basket of currencies, including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc.
- Market Realist•6 months ago
Why Gundlach and Einhorn Are Betting on Gold
Gold’s Long-Term Outlook Is Upbeat despite Short-Term Headwinds(Continued from Prior Part)Jeffrey Gundlach recommends gold The so-called “bond king” and the CEO of DoubleLine Capital, Jeffrey Gundlach, said during Barron’s 2019 Roundtable
- Market Realist•6 months ago
Ray Dalio’s Take on China
Ray Dalio Thinks a Recession Is ComingRay Dalio’s take on ChinaBridgewater Associates founder Ray Dalio is in Davos, Switzerland, for the World Economic Forum (or WEF), where he offered his take on the slowdown in China and how it could impact
- Market Realist•7 months ago
Could the US Dollar Work in Gold’s Favor in 2019?
Is Gold Ready to Fly in the New Year?(Continued from Prior Part)The US dollar and the Fed’s approach Like the Fed’s policies, the strong US dollar (UUP) impacted gold prices (GLD) this year. Key factors supporting the dollar this year were the Fed’s interest rate hikes and outlook, trade war concerns, and US markets’ (SPY) (QQQ) outperformance of other markets.
Market Realist•7 months agoWhy J.P. Morgan Is Bullish on Gold in the Second Half of 2019
Bulls versus Bears on Wall Street: Time to Buy Gold in 2019? In contrast to Bank of America Merrill Lynch’s bullish view on gold (GLD) in 2019, JPMorgan Chase (JPM) expects gold (NUGT) and silver’s (SLV) performance to remain to lukewarm—at least in the first half of 2019. Unlike BAML, JPM is neutral on gold and silver in the first half of 2019 and expects prices to hold between $1,200 and $1,250 per ounce.
Market Realist•7 months agoThe Gold Equities Credit Suisse Favors in 2019
Credit Suisse (CS) is positive about gold prices (IAU) in 2019. The bank expects gold prices to average $1,275 per ounce in 2019 and $1,300 in 2020.
Market Realist•7 months agoTime to Go Gold? Metal Outshines Risk Assets on Growth Concerns
For most of the year, gold prices (GLD) have languished, thanks to a strong US dollar (UUP), hawkish Fed rate hike outlook, and strength in the equity markets. For the last few months, though, some of these factors seem to be reversing course. Equity markets, for one, have remained quite fragile and volatile (VIX) since October.
Market Realist•7 months agoWhy Is Goldman Sachs Extremely Sold on Gold in 2019?
In a report published on November 26, Goldman Sachs (GS) stated that commodities (COMT) could climb 17% in the coming months. It believes that commodities will escape a 2015-style price collapse. Among commodities, GS is particularly bullish on oil (USO), gold (GLD), and base metals (DBB). According to CNBC, Goldman Sachs said, “Given the size of dislocations in commodity pricing relative to fundamentals with oil now having joined metals in pricing below cost support, we believe commodities offer an extremely attractive entry point for longs in oil, gold and base.”
Market Realist•7 months agoCould Market Risks Restore Investor Confidence in Gold in 2019?
Could Market Risks Bring Investors Back to Gold in 2019? As we’ve discussed in this series, market uncertainty is increasing after an unusually calm 2017 and part of 2018. The major sources of uncertainty are expected to be the looming trade war between the United States and China (FXI), the coming earnings and margins deceleration, the Brexit deal, and the Fed’s policy path.
- Market Realist•7 months ago
Why the US Dollar Could Be Bullish for Gold in 2019
Could Market Risks Bring Investors Back to Gold in 2019? The key factors supporting the greenback in 2018 have been the Fed’s interest rate hikes and outlook, trade war concerns, and the outperformance of US markets (SPY)(QQQ). The Federal Reserve has already raised rates three times this year, and it’s expected to raise them for a fourth time in December.
Market Realist•8 months agoCould Market Risks Restore Investors’ Focus on Gold and Miners?
As we’ve discussed in this series, market uncertainty is increasing. Looming earnings deceleration, trade policy uncertainty, and the Fed’s tightening have been major factors weighing on investors’ minds. For most of this year, gold (GLD) has not been a safe-haven asset, as the US dollar (UUP) (USDU) has continued strengthening and the Fed’s rate hike outlook has remained strong.
- Zacks•8 months ago
Is the Uptrend in Dollar ETFs Over?
Comments from top Fed officials causes the greenback to dip by 0.5% on Nov 16, putting related ETFs in focus.
- Market Realist•8 months ago
Could Gold Rise despite a Strengthening US Dollar?
Could Gold Be the Best Bet amid Increased Economic Uncertainty? The Fed’s interest rate hikes and outlook, trade war concerns, and the better US market (SPY) (QQQ) performance have been the key factors behind the dollar’s strength. The Federal Reserve has already raised the rates three times this year and is expected to raise them for the fourth time in December.
Market Realist•9 months agoDalio Predicts Weaker Dollar due to Budget Deficit Financing
The budget balance is the difference between what a country’s government garners from taxes and other sources and what it spends. A budget deficit occurs when spending exceeds earnings. In such a situation, the government borrows money from its citizens as well as foreign entities. As this debt accumulates, it’s possible that the value of its currency could decrease. The US (SPY) (VTI) budget deficit is creeping up.
