U.S. Dollar Slips Below Short-Term Trend on Lower Fed Bets
August 12, 2016 at 14:05 PM EDT
The U.S. dollar exchange traded fund slide below its short-term trend line, with the greenback depreciating to its lowest since June, as traders reduced bets on Federal Reserve action in light of weakening U.S. economic data. The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) fell...