Dollar ETF Rallies at Euro’s Expense
September 09, 2011 at 16:52 PM EDT
An exchange traded fund that profits from strength in the dollar has soared in early September. PowerShares DB US Dollar Index Bullish (NYSEArca: UUP) gained about 3% in the holiday-shortened week. The rise points to worries over deflation and the European debt snafu. The ETF, which climbed above...