Weak Dollar Lifts Oil ETFs
January 29, 2018 at 12:13 PM EST
The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), the exchange traded fund proxy for the U.S. Dollar Index (DXY), slid 1.45% last week, bringing its year-to-date loss to just over 3%. UUP tracks movements against a basket of currencies including euro, Japanese yen, British pound,...