Dollar ETF Dives 1% on Greenback’s Woes
April 20, 2011 at 09:22 AM EDT
An exchange traded fund (ETF) pegged to the dollar’s movements against a basket of foreign currencies was down 1% in early trading Wednesday as the dollar fell close to its 2009 low. PowerShares DB US Dollar Bullish Fund (NYSEArca: UUP) dropped to a new 52-week low on Wednesday. The dollar jumped...
