Connect with us
Investment expert Jim Woods shares the details on this fund that's long in the U.S. Dollar.

archive

Highlighting a Fund for Those Bullish on the Dollar

Investment expert Jim Woods shares the details on this fund that’s long in the U.S. Dollar.

The PowerShares DB US Dollar Index Bullish ETF (UUP) marks the start of a series of currency funds that we will cover in our next several ETF Talks. UUP tracks an index of USDX futures contracts that rises in value as the U.S. dollar appreciates.

Currency trading can be highly volatile and is not suitable for all investors. However, currencies also donâ??t really follow the market ups and downs, and are instead driven by their own factors, such as interest rates and political instability on a global-macro scale.

Trading directly in foreign currencies also requires a foreign exchange (forex) account and a lot of dedicated work. This is where currency exchange-traded funds (ETFs) like UUP come into play by giving investors a hassle-free way to invest in currencies.

Click here to read the rest of the article, “Highlighting a Fund for Those Bullish on the Dollar.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Jim Woods is a freelance financial journalist specializing in the markets and the economy. He champions the cause of liberty from a secured location deep inside the Golden State.

Advertisement
Advertisement

TRENDING NOW:

Alexander Solzhenitsyn Alexander Solzhenitsyn

That Time The Media Told Solzhenitsyn To Love It Or Leave It.

U.S. POLITICS

CNN Platforms white nationalist Richard Spencer CNN Platforms white nationalist Richard Spencer

CNN Platforms Richard Spencer.

U.S. POLITICS

Planned Parenthood’s Leana Wen Wasn’t Woke Enough And Nor Are You.

CULTURE

American Pride is Essential to the American Experiment.

CULTURE

archive

Highlighting a Fund for Those Bullish on the Dollar

The PowerShares DB US Dollar Index Bullish ETF (UUP) marks the start of a series of currency funds that we will cover in our next several ETF Talks. UUP tracks an index of USDX futures contracts that rises in value as the U.S. dollar appreciates.

Currency trading can be highly volatile and is not suitable for all investors. However, currencies also don’t really follow the market ups and downs, and are instead driven by their own factors, such as interest rates and political instability on a global-macro scale.

Trading directly in foreign currencies also requires a foreign exchange (forex) account and a lot of dedicated work. This is where currency exchange-traded funds (ETFs) like UUP come into play by giving investors a hassle-free way to invest in currencies.

Click here to read the rest of the article, “Highlighting a Fund for Those Bullish on the Dollar.

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

Alexander Solzhenitsyn Alexander Solzhenitsyn

That Time The Media Told Solzhenitsyn To Love It Or Leave It.

U.S. POLITICS

CNN Platforms white nationalist Richard Spencer CNN Platforms white nationalist Richard Spencer

CNN Platforms Richard Spencer.

U.S. POLITICS

Planned Parenthood’s Leana Wen Wasn’t Woke Enough And Nor Are You.

CULTURE

American Pride is Essential to the American Experiment.

CULTURE

Connect
Newsletter Signup.

Sign up to the Human Events newsletter