By: ETF Trends
May 29, 2012 at 14:45 PM EDT
Dollar ETF Rallies 5% in May Breakout
An exchange traded fund pegged to the U.S. Dollar Index has broken out in May on Eurozone debt worries and pushed stocks and commodities ETFs lower. PowerShares US Dollar Index Bullish (NYSEArca: UUP) is on track for a gain of nearly 5% in May. [Currency ETFs: Euro at 2012 Low] The rally has been...
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