Rising Interest Rate Bets Help U.S. Dollar ETF Gain Momentum
October 11, 2016 at 14:04 PM EDT
The U.S. dollar and currency-related exchange traded fund jumped to their highest level since March as traders raised bets that the Federal Reserve could raise interest rates in December on improved U.S. economic data in recent weeks. The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca:...