Don’t Expect Much Out of Dollar ETFs in 2018
December 12, 2017 at 11:01 AM EST
As has been widely documented, the dollar is a dud among major developed market currencies this year. Just look at the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), the exchange traded fund proxy for the U.S. Dollar Index (DXY), which is down 7.6% year-to-date. UUP tracks movements...