UUP - PowerShares DB US Dollar Index Bullish Fund
| Previous Close | 23.58 |
| Open | 23.69 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 23.67 - 23.74 |
| 52 Week Range | 23.09 - 25.76 |
| Volume | 1,690,991 |
| Avg. Volume | 1,253,003 |
| Net Assets | 500.81M |
| NAV | 23.62 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Return | -1.75% |
| Beta (3y) | 2.37 |
| Expense Ratio (net) | 0.76% |
| Inception Date | 2007-02-20 |
Market Realist•2 days agoWhy IMF Is Worried about the US’s Expanding Debt Profile
On one hand, it has increased US growth projections due to the stimulus from tax cuts. Since these tax cuts are unfunded, the IMF believes that there will be a need for severe spending cuts in the coming years. It predicts that the US debt-to-GDP (gross domestic product) ratio will expand to 116.9% by 2023, surpassing Italy’s ratio, which should narrow to 116.6% by 2023.
Market Realist•3 days agoEnergy Sector Drove the S&P 500 on April 18
The S&P 500 rose ~0.1% to 2,708.64 on April 18, 2018. The index rose slightly due to bullish momentum in the energy and industrial sectors. Five out of ten major sectors in the S&P 500 rose on April 18, 2018.
- Market Realist•3 days ago
Could the Japanese Yen Bounce Back This Week?
The Japanese yen (JYN), a safe haven asset, has failed to appreciate despite an increase in uncertainty in recent weeks. Despite ongoing trade war concerns and the US-led attack on Syrian chemical weapon facilities, the yen fell. In the week ended April 13, the yen (FXY) closed at 107.3 against the US dollar (UUP), depreciating by 0.38%.
- Market Realist•3 days ago
US Dollar Index Will Impact Crude Oil Futures
The US Dollar Index fell ~0.1% to 89.5 on April 10–17, 2018. WTI crude oil prices increased ~1.5% on April 10–17, 2018. The depreciating US Dollar Index helped oil prices during this period.
Market Realist•3 days agoAnalyzing Commodities and the S&P 500
The S&P 500 rose ~1.1% to 2,706.39 on April 17, 2018, due to optimism about strong 1Q18 earnings results. Analysts estimate that S&P 500 companies’ earnings could rise 18.6% in 1Q18, which would be the highest increase in seven years, according to Reuters. Nine out of the ten major sectors in the S&P 500 rose on April 17, 2018.
- Market Realist•3 days ago
Why the British Pound Has Continued to Rally
The British pound (FXB) appreciated by 1.1% against the US dollar (UUP) in the week ended April 13. The rise of the British pound despite soft economic data was because of hawkish comments from the Bank of England, which is expected to increase interest rates soon. While British equity markets (BWX) were impacted by increased trade war concerns, indexes managed to close in positive territory for a third consecutive week.
- Zacks•4 days ago
Are Dollar ETFs Poised for More Losses in 2018?
U.S. dollar is likely to remain subdued in 2018. How to play it with ETFs?
- Market Realist•4 days ago
How the European Central Bank Shortened the Euro’s Rally
The euro-US dollar (FXE) exchange rate closed the week ended April 13 at 1.2, with the euro appreciating 0.39% against the dollar (UUP). The European currency, which failed to capitalize on the weaker US dollar, was impacted by soft economic data and cautious comments from the ECB (European Central Bank). The ECB keeps pushing away any talk of tightening, leaving investors wanting more as the economy seems to be on a continued path of recovery.
- Market Realist•5 days ago
Will Currency Wars Move the US Dollar after Trade War Concerns?
Yesterday, Donald Trump accused Russia and China of devaluing their currencies. Trump tweeted that China and Russia are playing “the currency devaluation game as the U.S. keeps raising interest rates. Not acceptable!” Investors should note that this is a contradiction of the US Treasury, which had maintained that no major trading partners are manipulating their currencies.
- Market Realist•5 days ago
How Fall of the Dollar Is Impacting Precious Metals and Miners
One of the market indicators for gold that has been consistently playing a significant role in the determination of the directional move for precious metals is the US dollar, depicted by the Dollar Index (or DXY). The other three precious metals have fallen. The above chart shows the inverse relationship between the dollar and VXY over the past month. The relationship between precious metals (IAU) (SLV) and the US dollar (UUP) remains negative.
Market Realist•5 days agoCommodities and the S&P 500 Were Mixed on April 16
The S&P 500 rose ~0.8% to 2,677.84 on April 16, 2018, due to easing geopolitical tensions in the Middle East and optimism about strong 1Q18 earnings results. All of the 11 major sectors in the S&P 500 rose on April 16, 2018. The subsector classification is based on the S&P 500 GICS (Global Industry Classification Standard) indices.
Market Realist•6 days agoUS Crude Oil Could Move above $70
On April 6–13, 2018, US crude oil May futures rose 8.6%—the largest weekly gain since July 28, 2017. On April 13, 2018, US crude oil May futures settled at $67.39 per barrel—the highest closing level for US crude oil active futures in more than three years.
- Market Realist•9 days ago
Commodities and the S&P 500 Advanced on April 12
The S&P 500 rose ~0.8% to 2,663.99 on April 12, 2018, due to optimism about strong 1Q18 earnings results. Six out of the 11 major sectors in the S&P 500 rose on April 12, 2018.
Market Realist•9 days agoHow HP Aims to Offset Increasing Memory Prices in Fiscal 2018
Although commodity costs were higher in fiscal 1Q17 than in fiscal 1Q18, and they are expected to be lower in fiscal 2018, HP (HPQ) expects increasing DRAM (dynamic random access memory) prices to remain a headwind during the year. However, HP expects product demand to fall if it transfers component price increases to consumers.
- Market Realist•9 days ago
Why Soft March Payrolls Aren’t a Weak Sign for the Economy
The non-farm payrolls for March rose by 103,000, which was below the consensus expectation of 193,000 jobs being added and way below the February number of 326,000 jobs. The unemployment rate for March remained unchanged at 4.1%.
- Market Realist•9 days ago
Key Takeaways from the March FOMC Meeting Minutes
The last FOMC (Federal Open Market Committee) meeting was on March 20–21, 2018. At the meeting, the target range for the federal funds rate increased 0.25% to 1.50%–1.75%. The decision to increase the rate was made after Fed members assessed current economic conditions and the outlook for economic activity. The decision to increase the interest rates was unanimous.
- ETF Database•9 days ago
ETF Scorecard: April 13 Edition
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.
Market Realist•11 days agoUS Dollar Index: Key Bullish Driver for Crude Oil Futures?
The US Dollar Index depreciated ~0.7% to 89.5 on April 3–10, 2018. WTI crude oil prices increased ~3.2% on April 3–10, 2018. The depreciating US Dollar Index supported oil prices during the same period.
- Market Realist•11 days ago
What Global News Does to Gold and Miners
The overall volatility in the markets has played a vital role in determining the directional move for precious metals. Gold and silver rose on Tuesday, April 10, 2018, possibly due to reports of a poison gas attack in Syria and the ongoing trade war fears between China and the United States. The equities market in Asia also lagged on Tuesday, which could have prompted some haven bids for precious metals. Often, gold is known to diverge from the broader stock markets.
- Market Realist•11 days ago
Are Commodities and the S&P 500 Moving in the Same Direction?
The S&P 500 rose ~1.7% to 2,656.87 on April 10, 2018, due to growing optimism that the US and China could resolve the trade conflict without damaging the global economy. On April 10, 2018, China’s president promised to cut import tariffs. Nine out of the 11 major sectors in the S&P 500 rose on April 10, 2018.
- Market Realist•12 days ago
Recap: S&P 500 and Commodities’ Price Action on April 9
The S&P 500 rose ~0.3% to 2,613.16 on April 9, 2018, due to the expectation of easing trade war tension between the US and China. The index pared gains in the evening after the FBI raided Michael Cohen’s office—President Trump’s lawyer. Six out of the 11 major sectors in the S&P 500 rose on April 9, 2018.
- Market Realist•13 days ago
How the US Tariff Plan Impacted the US Dollar
Earlier in this series, we discussed the impact of the Federal Reserve’s rate hike on the US dollar (UUP). The Trump administration is looking into the huge US trade deficit. In 2017, the US trade deficit in goods was $796.0 billion in 2017, of which $342.0 billion was attributed to China.
- Market Realist•13 days ago
How the Fed’s Latest Rate Hike Impacted the Dollar
Earlier in this series, we discussed the Federal Reserve’s hawkish stance on the economy as well as the first rate hike in 2018. The Fed’s growing confidence also stems from the fact that tax cuts and government spending could boost inflation and the economy, inducing aggressive monetary tightening. The Fed maintained that it would raise rates three times this year, down from previous expectations of four rate increases.
- Forbes•16 days ago
How Have Tariff Talks Affected The U.S. Dollar? 3 Charts Explain The Impact
After all of the talk about tariffs, here are 3 updated price charts of the U.S. dollar showing trend and support/resistance.
- Yahoo Finance Contributors•yesterday
What to expect from the stock market this week
