Anti-Dollar Trade may be too Crowded
August 07, 2017 at 10:06 AM EDT
With the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), the tracking exchange traded fund for the U.S. Dollar Index, down 9.2% year-to-date, it can be said being bearish on the dollar has been a pretty easy trade for currency market participants. UUP tracks the price movement of the...