UUP - Invesco DB US Dollar Index Bullish Fund
| Previous Close | 26.67 |
| Open | 26.70 |
| Bid | 0.00 x 36900 |
| Ask | 0.00 x 36100 |
| Day's Range | 26.51 - 26.71 |
| 52 Week Range | 24.89 - 26.80 |
| Volume | 2,496,184 |
| Avg. Volume | 738,314 |
| Net Assets | 304.36M |
| NAV | 26.53 |
| PE Ratio (TTM) | N/A |
| Yield | 1.03% |
| YTD Return | 4.11% |
| Beta (3Y Monthly) | 5.10 |
| Expense Ratio (net) | 0.75% |
| Inception Date | 2007-02-20 |
- Zacks
Dollar Hits 2019 High: More Gains Ahead for ETFs?
U.S. dollar hits this year's high and could see more gains ahead. So, investors can definitely play dollar ETFs in the coming days.
- Zacks
ETFs to Gain & Lose From a Strong Dollar
We have highlighted ETFs that should benefit from a strong dollar and the ones that will lose.
- Market Realist
Trump Says Fed Should Cut Rates by 1%
Today, President Trump tweeted that he wants the Fed to cut the federal funds rate by “at least 100 basis points.” The Fed rates by 25 basis points in July.
- ETF Trends
U.S. Dollar ETF Has Some Doubters – Here’s Why…
The US dollar has been solid this year, perhaps too strong for some investors' liking as highlighted by an almost 4% year-to-date gain for the Invesco DB US Dollar Index Bullish Fund (UUP) . UUP, the largest ETF dedicated to tracking the dollar’s move against major currencies, seeks to establish long positions in ICE U.S. Dollar Index futures contracts with a view to tracking the changes, whether positive or negative, in the level of the Deutsche Bank Long USD Currency Portfolio Index — Excess ReturnTM over time, plus the excess, if any, of the sum of the fund’s Treasury Income, Money Market Income and T-Bill ETF Income over the expenses of the fund. The fund invests in futures contracts in an attempt to track its index.
- Investopedia
Understanding the Correlation of Oil and Currency
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.
- Zacks
Will Fourth Rate Cut in 2019 At All Help India ETFs Recover?
India ETFs have been suffering on a host of reasons despite easy money policy. Will a fresh and fourth quarter rate of the year boost ETFs?
- Market Exclusive
Market Morning: Gold Breaks $1,500, World Watches Yuan, Bezos Sells, Fed Chairs Unite
Gold Briefly Breaks Through $1,500, JPMorgan Says Buy JPMorgan (NYSE:JPM) is coming out as a gold bull, though a little late in the game since gold (NYSEARCA:GLD) has been rising for nearly 4 years now since bottoming at $1,045 in December of 2015. The big bank had some choice words about the US dollar (NYSEARCA:UUP) […]The post Market Morning: Gold Breaks $1,500, World Watches Yuan, Bezos Sells, Fed Chairs Unite appeared first on Market Exclusive.
- Zacks
ETF Areas Under Focus on China's Yuan Devaluation
As China devalued its currency as a retaliatory move against Trump's fresh tariff threats, these asset classes and ETFs could be in the spotlight.
- ETF Trends
Currency ETFs Reflect Fallout of Escalating Trade War
Currency ETFs are reflecting investors' uncertainty in the face of heightened volatility after China's decision to let its yuan currency break through a key level in response to an escalating trade war with the U.S. On Monday, Beijing allowed its yuan to break above the 7 per dollar level for the first time in 11 years, which many interpreted as a direct response to President Donald Trump's threat of additional tariffs, Reuters reports. China's willingness to allow its currency to offset the impact of a year-long trade spate is seen as a new step in the ongoing trade war.
- Zacks
Fed Likely to Cut Rates: ETFs to Gain or Lose (revised)
Federal is highly expected to cut interest rates by a quarter point for the first time in more than a decade. A few ETFs will benefit if the Fed cuts rates as expected, while a few may be adversely impacted.
- Zacks
Will Dollar ETFs At All Weaken if the Fed Cuts Rates in July?
Unlike popular belief, a Fed rate cut in July or later months is less likely to undermine dollar's strength and these greenback-heavy ETFs in the coming days.
- Zacks
Fed Likely to Cut Rates: ETFs to Gain or Lose
Federal is highly expected to cut interest rates by a quarter point for the first time in more than a decade. A few ETFs will benefit if the Fed cuts rates as expected, while a few may be adversely impacted.
- Market Exclusive
Market Morning: Draghi On the Dockett, Johnson Makes Moves, Boeing Bashed, Tesla Tanks
Draghi Decides on Euro Printing Magnitude Today Could the euro (NYSEARCA:FXE) get crushed today? Could be. It’s Mario Draghi’s last few months as head of the money-printing central nervous system of Europe, the European Central Bank, a name they came up with out of sheer creativity. Today’s meeting of the governing council of the bank […]The post Market Morning: Draghi On the Dockett, Johnson Makes Moves, Boeing Bashed, Tesla Tanks appeared first on Market Exclusive.
- Zacks
5 Top ETFs of Last Week That Defied Market Slump
Stocks fell last week as bets over aggressive rate cuts weakened and geopolitical tension flared up. Still, these ETFs managed sizable gains.
- Market Realist
Why Mobius Says Investors Should Allocate at Least 10% to Gold
Gold prices have seen a change in fortunes over the last month or so.
- Zacks
Top ETF Events of Wall-Street's Decade-Best June
June was stellar for Wall Street thanks to dovish comments from big central banks, oil price rise and cues of U.S.-China trade truce.
- Market Realist
Have Gold’s Fortunes Changed for Good after Hitting $1,400?
After remaining soft for the first five months of the year, gold prices (GLD) have seen a sudden turnaround since the end of May.
- Benzinga
Gold ETFs Are Having A Moment
In the precious metals arena these days, gold and the related exchange traded funds are getting plenty of attention and rightfully so. The $13.23 billion IAU is one of the largest gold ETFs in the world and holds over 9.4 million troy ounces of bullion in its trust, according to issuer data. “Global investors have increased their positions in gold exchange traded funds (ETFs) by $4.3 billion from May 14th, one day after the S&P 500 Index’s 2.4% trade tension driven drop, through June 20,” said BlackRock in a recent note.
- Zacks
Dollar's Largest Monthly Loss Since 2018: ETF Winners
The dollar index is supposed to log its biggest monthly slump since 2018, per Forbes. These ETFs have benefited from the move.
- Market Realist
Is the End of the US Dollar’s Rally the Start of Gold’s Bull Run?
The US dollar's weakness may be a major driver behind gold's higher prices.
- Market Exclusive
Market Morning: Gold Awakens, More Iran Sanctions, Bitcoin Breaks Through, McDonald’s Goes Robots
Gold Wakes Up, Media Wakes Up To Gold Gold (NYSEARCA:GLD) is on the move, now above $1,400 an ounce for the first time since August 2013. Mainstream media is starting to pay more attention to the metal now, but still seems to keep to the basic script that gold goes up in times of uncertainty. […]The post Market Morning: Gold Awakens, More Iran Sanctions, Bitcoin Breaks Through, McDonald's Goes Robots appeared first on Market Exclusive.
- Market Realist
Key Catalysts to Watch as Gold Looks Beyond $1,400
Gold is outperforming stocks even when stock markets are making highs. The SPDR Gold Shares (GLD) has gained 8.7% in the last one month, and the VanEck Vectors Gold Miners ETF (GDX) has amplified that return by rising 21.1% in the same period.
- Market Realist
Gold Prices Surpass $1,400 and Gold ETFs Surge
Gold futures registered their single largest one-day jump of 2.8% on June 20 following the Fed’s dovish stance at its June meeting. While the Fed kept rates unchanged, it hinted at future rate cuts if the conditions warrant them, which sent gold prices soaring.
