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Well, At Least the U.S. Dollar ETFs Are Up This Year
U.S. dollar currency-related exchange traded funds have been among the few bright spots in a year marked by global turmoil. Year-to-date, the Invesco DB US Dollar Bullish (NYSEArca: UUP) was up 9.1% and the WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEArca: USDU) increased 7.1%. UUP tracks the price movement of the U.S. dollar against a basket of currencies, including the euro, the Japanese yen, the British pound, the Canadian dollar, the Swedish krona, and the Swiss franc. The actively managed USDU tracks the USD against a broader basket of developed and emerging market currencies including China, India, South ... (full story)