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U.S. Dollar ETFs Strengthen on Fed Outlook, Global Weakness

The U.S. dollar and currency-related exchange traded funds strengthened on Monday as fears of a global slowdown and speculation of interest rate hikes helped bolster the case for the greenback. On Monday, the Invesco DB US Dollar Bullish (UUP) was up 0.9% and the WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) increased 0.6%. UUP tracks [...] The post U.S. Dollar ETFs Strengthen on Fed Outlook, Global Weakness appeared first on ETF Trends .
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