Don’t Count out Dollar ETFs
March 04, 2016 at 08:30 AM EST
In an environment where safe-haven assets have been prized by investors, it would seem logical that the U.S. dollar would be a prime destination. However, the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) is lower by 1.3% year-to-date. UUP acts as the ETF proxy for the U.S. Dollar...